Pary , I agree with you , the catalyst will be off take and partnership which is what they are working on , we have the largest Li mine in Europe and will require a half a billion investment , not the 10 to 20 million some others just received from their Chinese partners ( and that was for further drilling ) . As to the low cash , the temp funding was obviously put in place as this deal is just around the corner and can only assume they thought the deal would have been done earlier , a deal of this size with large corporations just do not consummate in a short time frame . Production time frame is really only 2 and a bit years away . As for our share price , yes I do believe we could have better communication from our management to the share holders , there are also now aprox 200 lithium plays on the market and the punters are now dividing their investment cash across all of these and has become harder to attract . On saying this , I have been trading for a long time and I have not seen as much fury on bust and boom on stocks in this last period in the stock market . And hence why I am so bullish on $2.50 to $4 a share when we actually do do a deal . If you read the other post BCN is going to pay 40 million pounds for 511,000 tonnes of Li , that is about half our market cap at our highs , yet we have 14 times more Li than Solarworld . Dear Mr Market just does not always get it right , I personally have been happy picking up shares under 80 cents .
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Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $41.48M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 20.0¢ | $7.321K | 36.23K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 25608 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 25608 | 0.200 |
1 | 50000 | 0.195 |
2 | 65000 | 0.190 |
1 | 15000 | 0.180 |
2 | 60000 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 8000 | 1 |
0.230 | 20000 | 1 |
0.250 | 51987 | 2 |
0.280 | 15350 | 1 |
0.285 | 13000 | 1 |
Last trade - 15.26pm 16/08/2024 (20 minute delay) ? |
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