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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35.0¢ |
Change
-0.001(0.28%) |
Mkt cap ! $21.79M |
Open | High | Low | Value | Volume |
35.0¢ | 35.0¢ | 35.0¢ | $2.427K | 6.933K |
Buyers (Bids)
No. | Vol. | Price($) |
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Sellers (Offers)
Price($) | Vol. | No. |
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35.0¢ | 3071 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 26000 | 0.300 |
1 | 10000 | 0.295 |
2 | 67111 | 0.280 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.350 | 3071 | 2 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
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