Enter trading halt at $0.63.
Re-instatement after lengthy voluntary suspension with announcement of:
- seemingly high quality lithium acquisition... The stuff is visible in historical open cut mine walls... Initial exploration funded and to commence immediately.
- W.A. gold exploration drilling to resume late Q2/early Q3 ie imminently.
- $2M placement completed at $0.40 a few weeks ago.
That's a broad summary of what they are up to.
My question is, what's going on with the SP approaching the IPO price??? I understand the macro forces at play and the profit taking by the early participants BUT surely the SP is well undervalued right now??
Good luck all.
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