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18:46
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Originally posted by mrgds
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Ok, ....... so why can"t it happen? 50cents that is, we all are aware of the other producing/non producing lithium companies of hard-rock lithium (spodumene) and what value each of them (producing & non producing) have at this point in time, tonnages vary from approx 45mt - 150mt, pricing per share of approx 15cents - 55cents Now, many investors in these companies would argue that their companies SP is undervalued, and with this "tectonic"shift in how the world will need to "create & use energy" their arguments are plausible in my opinion, So,...... if what i have read and heard discussed about AVZ"s tenements proves up ( ie- resource estimate between 400-800mt, chinese money flowing in for infrastructure development and the combined resource of tin & lithium ) could the SP of AVZ go to 50 cents immediately on the upcoming drill results due soon? Would enjoy hearing some thoughts on this, and whether or not, people may or may not think a SP of around 50 cents or more is achievable before as many have posted, a sellout by the company, at a premiun to that SP ................. cheers
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You do understand the concept of Market Capitalisation dont you?
