I am taking a largish position near the low.Since listing,LMR...

I am taking a largish position near the low.
Since listing,LMR has been meandering between a high of 0.24 & a low of 0.14 (this low has been strongly rejected twice)
Hard core TAs will be waiting for a break of 0.22 or at least a move over 0.20 on good volume,but one of my favourite indicators ,the OBV,tells me it is better to be early.
There is a lot to like about LMR.
# Right commodity.
# Right place ( notwithstanding logistics issues,Africa is the next frontier)
# High calibre people on the board.
# Strong major holders ( top 20 hold more than 60%)
# EV of a mere $16m ( MC $36m , Cash $22m)
# With an inferred JORC resource of 175m tonnes,this equates to EV of 9c/tonne ( usually it is around $1/tonne)
LMR has a multibagger potential ( reminds me of CZA which was a 20 bagger for me in less than 2 years before the GFC...oh ,the good old days)