Great start with these nice thick intersect holes of 20-27m so shallow and near the surface which is a welcome relief as it means less costly stripping of rock to get to the mineable area . What’s to like about this stock now is the highly experienced and reputable four musketeers from PLS have a lot of work and potential ahead of them as it’s only the start of the drilling journey to hopefully a huge economic lithium mine . I don’t think all these PLS guys came over to this project because they are Saturday Sportbet mates at the pub , as they see this a serious world class project otherwise they would not waste their time reputation on it and would be poached by some other high paying junior lithium upstart.
I don’t know how the current weird lithium asx punter market will react to this initial drill news as most of retail are expecting mega huge drill freakish hits of 100m plus but very deep like WR1 and PMT which have ruined the market for junior lithium explorers pulling up decent and consistent lithium and intercepts of 10m-25m which is expected in Canada .
I have given up on hope of many of my other lithium stocks as they get sold down on consistent great drill news unless you’re the over hyped market darling of WR1.
So let’s see how this is stock is going in a month or two as the team do a few more dozen holes and some rich assays hopefully come back to set the theme over the next few months . We should see this sleeper rise to the occasion if a few more nice hits come through with decent numbers assays of 1.2%+ Li as the register is tightly held by the top 5 and not many shares on issue. So any good news should see interest from punters push this Bm8 quite high quickly.
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $9.302M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 10.0¢ | $1.964K | 18.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4925 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 20685 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4925 | 0.100 |
1 | 10415 | 0.096 |
1 | 26315 | 0.095 |
2 | 33430 | 0.090 |
1 | 100000 | 0.085 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 20685 | 1 |
0.150 | 50000 | 1 |
0.160 | 5687 | 1 |
0.180 | 276377 | 3 |
0.190 | 2980 | 1 |
Last trade - 15.57pm 19/08/2024 (20 minute delay) ? |
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