Correct me if I’m wrong but I recall zone 2 is likely going to mirror zone 1 and possibly double the resource. NASDAQ is forward looking with Market Cap valuation. Instead of $1B US profit could very well be looking something like $2B to $3.5B US profit from mine, it’s not as tho the capex gets much larger if the resource grows. Then if Ukrainian assets become available to safely mine you are looking at a European Lithium multi Billion dollar company.
Funding is always the key for exploration mid caps to become mining large caps and this listing is the key that opens that door. I can’t see this doing anything but go up in value by multiples if it is approved and I think the listing price of $10 will hold . In my opinion this will have a market cap of around $500m near term. It’s a master stroke if Tony pulls this off.
- Forums
- ASX - By Stock
- explaination
Correct me if I’m wrong but I recall zone 2 is likely going to...
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EUR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.73M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
EUR (ASX) Chart |
Day chart unavailable
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online