Based on the valuation done by Independent Investment Research December 2021 which you can find on JRL's website their value range is between $4 to $14. With successful drilling the value may have grown. Having a value of $140 per share makes the market cap $8.4B which is double the NPV of LAC's mine. Believe me everyone here hopes your right and LD holding 26% has 2B reasons to try and prove you right.
We just have to wait to see how this plays out, our current SP indicates that the market believes there is still risk hence the value at below $3
Based on the valuation done by Independent Investment Research...
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 (20min delay)
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Last
59.5¢ |
Change
-0.005(0.83%) |
Mkt cap ! $35.99M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 59.5¢ | 56.0¢ | $7.11K | 12.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 955 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
| JLL (ASX) Chart |