picked up more today with similar thoughts.
plus as per post in other thread I think DLI is good value.
$113 mill cash
40 mt of lithium / $40 mill? ($1 per tonne!)
400,000 ounces of gold / $40mill? ($100 per ounce)
$10 - $20 mill in unexplored tenement value
mining granted at mt Ida
gold and lithium is open pit and can be DSO
plus exploration value etc…
have to factor in cash burn, but with 8 drills on the ground also expect increase of lithium resource over coming months.
old mate might have a soon before a rebound in the spot market.
picked up more today with similar thoughts. plus as per post in...
Add DLI (ASX) to my watchlist
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $171.2M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.0¢ | 24.0¢ | $402.2K | 1.657M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20825 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 25429 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| DLI (ASX) Chart |