Pending many more assays etc, if they manage a slightly smaller deposit than PLS and assume a market cap of 10Bn, 1.6Bn shares on issue, top estimate would be $6.25. If they dilute more with cap raising etc, then that figure will drop to $3 - $5. All dependent on the amount discovered, T/O attempts, lithium prices, China, etc, etc.
For a long hold, theres little risk here. Plenty of upside. FMG, Gina, Min Res, PLS, LTR... All could make plays at the Jr explorer. If its good enough for JP Morgan to accumulate whilst playing down on Lithium, its good enough for us plebs.
Pending many more assays etc, if they manage a slightly smaller...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.015(11.1%) |
Mkt cap ! $201.6M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 15.0¢ | 13.5¢ | $526.0K | 3.665M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 260244 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 157477 | 2 |
View Market Depth
| Last trade - 16.13pm 26/06/2025 (20 minute delay) ? |
| WC8 (ASX) Chart |