Your right Iroth, the lithium price did swing low as was cyclically possible (probable) casing short term pain.
But BB didn’t buy ESS because he was looking for short term SP growth. He bought it because he expected to make a lot of money from mining it.
Im happy to trust that judgement over the proper course of time. Just like the true value of this investment and DVP’s other mines is not in the price fluctuations we see pre mining revenue. It will be when production on multiple mines is at its zenith and the commodity prices are screaming.
To consider what that might look like refer to BB’s cash flow models for the coming years (and consider commodity price growth). Thats when I will ask myself - has this investment performed as I have hoped it would.
- Forums
- ASX - By Stock
- Fair Value
Your right Iroth, the lithium price did swing low as was...
-
- There are more pages in this discussion • 20 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 DVP (ASX) to my watchlist
|
|||||
Last
$2.12 |
Change
0.020(0.95%) |
Mkt cap ! $547.0M |
Open | High | Low | Value | Volume |
$2.10 | $2.16 | $2.05 | $928.8K | 438.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5476 | $2.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.12 | 1332 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4485 | 2.060 |
1 | 970 | 2.050 |
3 | 14730 | 2.020 |
1 | 500 | 2.000 |
4 | 21277 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.150 | 605 | 1 |
2.160 | 8378 | 1 |
2.170 | 10509 | 2 |
2.190 | 11500 | 1 |
2.200 | 16998 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
DVP (ASX) Chart |