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Ann: NT Lithium Project Review Works Confirm High Grade Lithium, page-93

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Jasongray

1,750 Posts.

233

15/08/22

07:53

Post #: 63109185
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Originally posted by Roch2077: ↑

For it to become a 1 billion plus dollar company which will make it a 8 dollar stock after dilution then yes 12-18 months away potentially. But for it to become a 40 million dollar fair valuation on what it has found so far in lithium then we are in a re rate as we speak.

If the results from its Burracoppin Halloysite Project which are due for release any second well I think anything positive will take us to 1 dollar which will mean a 100 million dollar market cap and I think that’s when they will raise as Jeko clearly states in his interview only 2 months ago that once the resource has been established and the price is high enough that’s when will raise.

Dow jumped up beautifully tonight and next week will be interesting

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LRS is 200m marketcap with Cloud 9 PFS due and jorc for their lithium supply due by christmas which is looking to be a 15mt+ resource..
I think your 1B marketcap estimation is about 3-4, not 12-18 months imo IF they even prove up lithium.. Monte alto with LRS was a eye opener where proven rock chip samples at surface returned no lithium at depth when drilled. The problem aswell with the area neighbouring cxo and cxo.. Is that they all seem to be small pocket deposits..

RAS Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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