IMI 4.76% 2.0¢ infinity mining limited

LYN currently sits at 48.0¢ a change of -0.050 (9.43%) Mkt cap...

  1. 445 Posts.
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    LYN currently sits at 48.0¢ a change of -0.050 (9.43%) Mkt cap is ! $16.56M.

    MacArthur (MIO) couldn't even get their Iron Ore project off the ground, what makes anyone think this Lithium Project will be any different. Share price offer is 20.0¢ as per the Prospectus. Why would you waste your money here at that price, when there are other Lithium Projects on the cusp of take off. Eastern Iron (EFE) is one example. Current entry price is about 07.5¢ with a Partnership Agreement inked. Legacy Iron (LCY) is another.

    If you want to make money on this stock, (insert joke now) you could wait till everyone else buys at the high price and then when MacArthur misses this Lithium cycle, like they did with the Iron Ore cycle, you can jump back in when it plummets to 0.001¢ and hope like hell for a buyout.

    FEL was even in partnership with MIO, then they pulled out of an, "Earn In Op". FEL is not the best of stocks, or company to deal with, but to pull away from MIO, tells you everything you need to know. Proceed at your own peril.!!!
 
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Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $2.375M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $697 33.99K

Buyers (Bids)

No. Vol. Price($)
1 13756 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 25000 1
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Last trade - 10.06am 05/07/2024 (20 minute delay) ?
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