So they have $1.4M cash + $0.5M cash receivable + $1.5M worth of stock (TOK) = $3.4M
and SP was pushed to $0.002 where MC was just $4M, EV was just $0.6M, which is laughable given the potential of finding a Godzilla lithium deposit with all the infrastructures nearby a 189Mt @ 1.5% Li2O lithium mine.
And the soil sampling result is even better than Earl Grey's.
And given the expertise of AZS chairman as the Technical Director here...
I don't think I can find an investment with a better risk/reward.
IMO & DYOR
So they have $1.4M cash + $0.5M cash receivable + $1.5M worth of...
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Last
0.4¢ |
Change
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Mkt cap ! $8.552M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $3.09K | 897.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1350558 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 21933541 | 24 |
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| Last trade - 15.08pm 27/09/2024 (20 minute delay) ? |
| LNR (ASX) Chart |