5c a share by year end?
@ around 9B shares on issue that puts our market cap at about 450M by end of the year.
Our bookvalue of net assets was 570M per 2022 Financials
Having a market cap below our asset value??? Ludicrous... Thats like having 100M in your bank and someone telling you its worth 80M....
That 450M market cap would also then have no cosideration of:
- my previously highlighted point about our undervalued asset that is our SC production plant & partially build carbonate plant.in comparison to peers
- it doesnt factor in any of the current drilling programs underway, especially MOBLAN (BEAST!) which will substantially increase our resource in the area and likely extent LOM.
- No future earnings? Have you given a 100% discount on your NPV estimate?
Its hard not to add a "flame or bait" comment, when some of the people posting on here have NFI what they are talking about....
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Mkt cap ! $370.5M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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6 | 2625000 | 3.6¢ |
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Price($) | Vol. | No. |
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39 | 13222465 | 0.035 |
41 | 11642810 | 0.034 |
88 | 13962849 | 0.033 |
88 | 24000291 | 0.032 |
Price($) | Vol. | No. |
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0.038 | 4700418 | 15 |
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