I'm all in with this stock and as a Financial Planner, will avoid rose tinting in deciding to stay.
Little debt, small no of shares relative to future profit.
Good history of dividend/buyback.
Huge exploration and detailed drilling results over many years.
Focus on single asset with very large resource and low relative cost jurastiction.
What I don't like and have held price back, poor communication and marketing. high royalty on sliding scale on gold price. High cost bar and low relative recovery bar set by management, to be easily hit.
I would love to see a plan of 6, 12 and 24 month target grade, plant volume and resulting costs, given the years of prior experience and vast drilling results.
Risks to me are cheap takeover, gold price fall and political instability. I worry less about Junta or having asset taken away, as Thailand needs free trade deals.
This stock lacks real buying interest and is easily manipulated because of this.
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Last
$1.37 |
Change
0.090(7.03%) |
Mkt cap ! $353.1M |
Open | High | Low | Value | Volume |
$1.35 | $1.37 | $1.34 | $455.5K | 336.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 183 | $1.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 2888 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4633 | 1.360 |
1 | 3000 | 1.355 |
1 | 4580 | 1.340 |
1 | 4500 | 1.330 |
1 | 730 | 1.325 |
Price($) | Vol. | No. |
---|---|---|
1.370 | 2888 | 1 |
1.390 | 6380 | 2 |
1.400 | 23997 | 5 |
1.420 | 9000 | 2 |
1.425 | 1000 | 1 |
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
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