My latest view:
- I have sold all my position due to Scenario 1.
- There has to be significant news on discovery for Gold for me to re-enter.
- I believe, the initial target could have been refined with better AI technology, aerial survey, in ground handgun lithium detection before drilling the holes.
- GSM methodology on selecting the drilling hole was poor given the less than 0.05% Lithium.
- I haven't seen GSM Management presentation in any Mining conference.
- I am out because of Lithium story end, I will wait and see their Gold story, it has to be significant Gold discovery for me to re-enter.
My Previous Prediction/ forecast :
I see 3 scenario by 31 October 2023
Scenario 1 - Low/ No Lithium
50% down to 2 cents, Market Cap = $ 3.5 Million
Scenario 2 - Medium Grade Lithium similar to WC8
8-9x up to 32-40 cents, Market Cap = $64 Million
Scenario 3 - High Grade similar to AZS
20x up to 80 cents, Market Cap = $$150 Million
*** For Base Reference Purpose ONLY ***
Market Cap of AZS = $1.10 Billion
Market Cap of WC8 = $475 Million
- Forums
- ASX - By Stock
- Ann: Yule Lithium & Gold AC Drilling Under Way
My latest view:I have sold all my position due to Scenario 1....
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Last
1.0¢ |
Change
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Mkt cap ! $2.793M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $250 | 25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 203093 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 908723 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 203093 | 0.010 |
4 | 1012968 | 0.009 |
4 | 544950 | 0.008 |
3 | 714250 | 0.007 |
2 | 749950 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 908723 | 3 |
0.012 | 288293 | 2 |
0.013 | 220265 | 3 |
0.014 | 140000 | 3 |
0.015 | 883465 | 2 |
Last trade - 15.19pm 09/07/2024 (20 minute delay) ? |
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