FL1
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3.57% 13.5¢ first lithium limited

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

  1. Novac
    6,637 Posts.
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    21/12/23
    22:02
    Post #: 71578880
    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
    FL1 Price at posting: 55.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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13.5¢ 		Change
-0.005(3.57%) 		Mkt cap ! $10.75M
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13.5¢ 13.5¢ 13.5¢ $619 4.585K

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