In my humble opinion (not financial advice), this is a stock to buy now and hold for say 3 years+.
I'd very surprised if this stock was not somewhere between 5 and 10 times it's current price in a few years time.
Quite likely 1-3 X it's current SP over the next 6-12 months.
No one knows when a market correction may come so it could be a rocky road. But the time seems good for EUR to start progressing their project in Europe. I bought on the basis that there aren't that many meaningful Lithium projects in Europe and any decent projects will highly likely be developed - which comes with a much higher value than today's valuation.
I bought more today at 8.9 cents as this is either going to be multiples of the current SP in due course, or I will lose some or all of my money. 1 cent difference based on my longer term thinking is irrelevant so I decided to pay up now and put them aside and wait for progress of this company and it's deposit and hopefully mine.
I think this Lithium boom has a lot of legs in it and we are likely closer to the start than the end of this cycle.
Now seems like a good time to place your medium term bets and take a position in the companies that you think will make it. That's what I have done and now we wait to see how it all plays out.
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Last
4.1¢ |
Change
0.002(5.13%) |
Mkt cap ! $57.32M |
Open | High | Low | Value | Volume |
4.0¢ | 4.2¢ | 4.0¢ | $12.93K | 314.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 51894 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 16202 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26253 | 0.039 |
3 | 500748 | 0.038 |
4 | 111277 | 0.036 |
10 | 552912 | 0.035 |
3 | 72661 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 6321 | 1 |
0.042 | 618894 | 7 |
0.043 | 20000 | 1 |
0.044 | 300000 | 1 |
0.045 | 1233607 | 3 |
Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
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