I’m my opinion the company is fairly valued at the current 11 cents.
Market cap circa 120 million.
6 million cash after the raise.
I believe the market has valued the company perfectly.
As the saying goes the “market is always right “.
The outlook for lithium is huge and growing, so there is no need to get excited about companies wanting to purchase lithium from producers.
I have not heard of any company that is producing lithium at the moment that can’t sell it.
Can someone please tell me if they have ?
It’s going to come down to resource size and grade and production cost.
So I believe the stock price will stay as is until profits are made and then a rerate will occur.
It is my opinion that a lot of new lithium producers will be coming into production and they will all sell there products.
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.8¢ | $131.9K | 3.384M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 872154 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 990329 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 872154 | 0.038 |
5 | 730581 | 0.037 |
25 | 2570708 | 0.036 |
25 | 2584608 | 0.035 |
6 | 1226910 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 990329 | 8 |
0.041 | 670500 | 6 |
0.042 | 998817 | 10 |
0.043 | 1577500 | 3 |
0.044 | 1316726 | 8 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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