" The only thing that I would add is that being next door to DEG, a MC at $75 million is 5% of DEG's. "
Just wanted to clarify this post in case others might not have got my drift.
At yesterdays close of 4.4 cents WC8's MC was $22.7 million. At the 5% MC of DEG's which would be $75 million, WC8's share price would be around 14.5 cents!
Provided there are some half decent results from the current drilling, for a Lithium play combined with the Gold prospectivety, I don't think $75 million MC is unreasonable. Especially considering some of the MC's of other Lithium explorers.
Ann: OPTION TO ACQUIRE LITHIUM PROJECT WESTERN AUSTRALIA, page-119
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Mkt cap ! $408.0M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
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