Because it’s undervalued and I love picking a stock with 30-40 million tons of Lithium for 200 million dollars, 150 million NPAT annually cash flows and 270 million in cash and further resource upgrades and discoveries coming up with improved optimisation and recovery.
Recent interview with CEO stated that they are spending $2 for ever ton of spodumene discovered. That infers the 30-40 million ton is about to be upgraded 40-50 million ton resource based on 25 million dollar investment they are doing in exploration
Also it’s 1.4 million dollars worth of investment and I’ll sit here in coming period and still triple my investment. Easiest money I’ll make
Because it’s undervalued and I love picking a stock with 30-40...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.3¢ | $1.220M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 6252092 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 695532 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |