FL1 4.35% 11.0¢ first lithium limited

Ann: Significant discovery with 111m @ 1.57% Li2O at Blakala, page-121

  1. 6,547 Posts.
    lightbulb Created with Sketch. 1281
    The Mali factor cannot be ignored but that is already more than factored in.
    With a current market cap of around $40m, if we can get similar results over the 1km strike, there is no reason why we can't be valued at 100-150m.
    That's 2.5- 3.75 times from current share price and I'm sure many will believe I'm being conservative.
    Last edited by Novac: 21/12/23
 
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