Not quite correct by my calculator... at 2c: allowing post dilution of entitlements AND oppies and payments circa $850k (LB and Sanlam), cash around $3 mill, short term debts around $1.5 mil, $4.5 M.C.
Phosphate asset valued at nil in this metric, and DD valued at nil, as there are officially exploration rights held YET. (Those rights do carry a value, obviously. The market seems to think they are valued circa $5mill at the moment, which seems to me quite cheap relative to other operations)
So 2c is possible on a valuation metric without allowing for sentiment and RvR on Li play.
Not quite correct by my calculator... at 2c: allowing post...
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $13.32M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $14.18K | 1.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2595523 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 926844 | 5 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
1.2¢ |
Change
0.001 ( 6.19 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 85390 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| QXR (ASX) Chart |