To get back above 10c and then 20c level, the drilling should resume asap.
In his presentation, Simon seemed to be very confident about CATL financing Lei production and Offtakes.
I don't know what sort of methodology is in mining. They are going to do the most efficient and cost effective, less enviro impact way. Dig raw rocks, load and ship straight to China.
Even if they can make $30m (profit) pa - that's 2.5x current MC.
LPM definitely is way undervalued with massive growth potential.
Simon, I think would go China to meet CATL and hopefully attract more offshore investors.
To get back above 10c and then 20c level, the drilling should...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.23M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 10.0¢ | 9.9¢ | $6.028K | 60.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 7542 | 1 |
View Market Depth
| Last trade - 15.33pm 27/05/2024 (20 minute delay) ? |
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Last
9.7¢ |
Change
0.000 ( 2.11 %) |
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| Open | High | Low | Volume | ||
| 9.7¢ | 9.7¢ | 9.7¢ | 5135 | ||
| Last updated 11.02am 27/05/2024 ? | |||||
| LPM (ASX) Chart |