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1.7¢ artemis resources limited

Agreed. Full steam ahead then 21c is possible.

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Petertkd

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1801

11/02/24

17:00

Post #: 72348022
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Originally posted by sol1 ↑

WH IRELAND BROKER NOTE, 29.1.24
Target price: 11.2 British pence or A$0.21.

"considering market reactions to neighbouring lithium projects in the same geology."-WH Ireland.

ARTEMIS RESOURCES:
Halted 1.9c at Mkt Cap A$32m.
So, at 21c WH Ireland price target [before Marie rock chip assay results] means that approx, ARTEMIS is valued at 1% of $3bn takeover of Azure by the consortium Gina Rinehart of Hancock Prospecting and Albermarle.

Why? 10% of A$3bn =A$300m implied mkt cap [takeover of Azure]
1%=A$30m.
WH IRELAND'S TARGET PRICE OF 21c=10x of current 1.9c, Mkt Cap $32m.
Conclusion: One can see that WH Ireland has given ARV about 10% of the A$3bn implied takeover of Azure by the said consortium.

---------ANY WONDER THAT "BIG PLAYERS" are eyeing GRE at $28m mkt cap ?---
Exact wording from Business News, 1 wk ago is: "have also attracted the attention of big players." [Re-tweeted also by Greentech themselves and adding the para from the article about them: "Green Tech has suddenly found itself next to a new power play among lithium giants right NEXT DOOR to its own developing lithium project in Western Australia." -https://twiter.com/GreenTechMetals 30.1.24 tweet with embedded article as above.

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Agreed.

Full steam ahead then 21c is possible.

ARV Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
5 Upvote

1 Great analysis

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(20min delay)
Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $28.75M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.7¢	$9.089K	508.7K

Buyers (Bids)

No.	Vol.	Price($)
7	895361	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	693265	7

View Market Depth

No.	Vol.	Price($)
7	895361	0.017
17	3390215	0.016
8	4038000	0.015
3	2000000	0.014
1	615384	0.013

Price($)	Vol.	No.
0.018	693265	7
0.019	614589	5
0.020	929814	8
0.021	400000	1
0.022	806000	5

Last trade - 10.50am 29/04/2024 (20 minute delay)

ARV (ASX) Chart