We currently have a 32m resource (good for ~20 years of production), 99.8% highest grades and only 4% of the land explored.
Next step further drilling (would like to see it go from 4% explored to over 50% explored which should increase the resource SIGNIFICANTLY, let's say a 300m resource), get the PFS, offtakes, DFS, financing and make it rain.
It's in these next few months that you see massive revaluations during drilling up to PFS. If the resource base goes up 10 fold then the share price will probably see ~3 to 5x share price increase or 15c to 25c from our current 4.9c [heck on the OTC overnight in the US we're trading at AUD 6.1c equivalent already].
Bring on the re-rate; and I haven't even mentioned if there's a US NASDAQ listing. That would be even more favourable to the share price as lithium plays are valued much more in the US as they know and understand this early cycle mega trend move.
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Mkt cap ! $98.42M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.2¢ | $79.34K | 3.589M |
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No. | Vol. | Price($) |
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23 | 3166252 | 2.2¢ |
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Price($) | Vol. | No. |
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2.3¢ | 3248107 | 20 |
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28 | 9915198 | 0.021 |
28 | 2866200 | 0.020 |
13 | 3743733 | 0.019 |
6 | 1806336 | 0.018 |
Price($) | Vol. | No. |
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0.024 | 3797582 | 16 |
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0.026 | 2809781 | 14 |
0.027 | 2078680 | 12 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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