Interesting article below describing the support given by a European member of parliament (MEP) to the new ex Ciudadanos recruit at Infinity Lithium as well as to Infinity’s project. Stock in my view is underpricing the chances of this asset seeing the light of day. Big undervaluation with 3x upside to the shares were we to apply a similar resource valuation to other European lithium players.
https://okdiario.com/espana/luis-garicano-exige-destino-fondos-europeos-mina-que-asesora-ex-portavoz-extremadura-6518925
MEP was quoted saying “in renewable energies such as the solar or in the exploitation of "other resources such as lithium... it is essential that those resources are used. [Extremadura] cannot settle on an enormous wealth such as a lithium mine and not use it to promote economic growth that can be very important. We are talking about a mineral that is strategic in Europe and for the new economy... It is very important that this mine is started up”. (Google translated)
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- BIG article in Spanish press - must read
BIG article in Spanish press - must read, page-8
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Mkt cap ! $26.36M |
Open | High | Low | Value | Volume |
5.5¢ | 5.8¢ | 5.5¢ | $7.044K | 123.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 40000 | 5.7¢ |
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Price($) | Vol. | No. |
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5.8¢ | 58712 | 1 |
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No. | Vol. | Price($) |
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1 | 40000 | 0.057 |
1 | 130499 | 0.054 |
3 | 114000 | 0.053 |
3 | 350000 | 0.052 |
3 | 518052 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.058 | 58712 | 1 |
0.059 | 46000 | 1 |
0.060 | 20000 | 1 |
0.061 | 113039 | 2 |
0.062 | 160000 | 1 |
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