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stevieg999

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571

09/08/23

10:20

Post #: 69239439
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Originally posted by Red Baron: ↑

I bought some more this morning at 36c
At that price the Market Cap is a ridiculous $220m, explorers who have little more to show than rock chips have higher market caps than this.

I mean they are mostly funded to production with 50% of their offtake unspoken for, people with first hand Lithium experience running the place (Keith), a JORC Resource, DFS and the ML not too far away.

They were 1st knocked down by the short seller report into Piedmont which turned out to be rubbish, then they were sold down because their DFS was not as good as the PFS - but if you bother to listen to the commentary about the DFS it is actually very good but different to the PFS & comparing the 2 is like apples & oranges. The latest hit is to do with the mining code, possible Royalty increases etc. At 5% the Royalty is well below what WA miners pay by the time they add all the private & traditional land owner percentages to the States 5% (7.5% for DSO).

A real bargain at these levels

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A11 Price at posting: 36.0¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 16.0¢		Change -0.005(3.03%)		Mkt cap ! $114.3M

Open	High	Low	Value	Volume
16.5¢	16.5¢	15.5¢	$20.92K	131.4K

Buyers (Bids)

No.	Vol.	Price($)
1	60431	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	23351	1

View Market Depth

No.	Vol.	Price($)
1	60431	0.155
3	203980	0.150
1	1000	0.145
1	100000	0.140
1	5555	0.130

Price($)	Vol.	No.
0.165	23351	1
0.170	67077	3
0.185	49999	1
0.190	70948	1
0.195	3076	1

Last trade - 11.16am 17/06/2025 (20 minute delay)

A11 (ASX) Chart

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