this wretched time with the sp collapse reflecting the depression of the lithium market ( and no longer McDermitt’s potential) will be weighing on LD usually a very commercially patient person.
However, I think the time frame of normalisation of the lithium market (say up to 3-5 years) will approximate the progress of McDermitt to its marketable max say $50 ps . A convinced and canny POSCO looking for a bargain ahead of time and LD under the pressure of the circumstances would both choose to act before that, say within 1-2 years at ~$12 ps knowing that compromise on sp longer term would placate investors.
A precedent for this is JRL’s offload of Energy Metals 20 years ago an accompanying rapid increase in sp and a 55c ff Div.
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this wretched time with the sp collapse reflecting the...
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Last
29.5¢ |
Change
-0.015(4.84%) |
Mkt cap ! $17.84M |
Open | High | Low | Value | Volume |
31.0¢ | 31.0¢ | 26.8¢ | $38.53K | 133.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 35111 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.5¢ | 36416 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 35111 | 0.280 |
1 | 10000 | 0.275 |
1 | 5000 | 0.260 |
1 | 5000 | 0.200 |
1 | 2941 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 36416 | 1 |
0.300 | 35000 | 1 |
0.305 | 33825 | 2 |
0.350 | 1000 | 1 |
0.380 | 6000 | 1 |
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