Yes, it totally feels that way to me:
- Tier 1 resource. To complete the picture below, BCN (Bacanora) was acquired by Ganfeng for ~ GBP 284m. which was USD 391m at the time.
- Tier 1 jurisdiction - USA - where they are investing in a local supply chain as a matter of national interest.
- Tier 1 talent - senior exec from mineral resources in lithium - someone of this calibre ought to have done significant DD before taking on a directorship, and may attract connections to investors and others with skills and experience that can help execute the project:
It's $113m market cap with comparables at ~$500m or more. It doesn't make sense. Only weakness of the project that I can see is that the grade is a bit mediocre but it's not terrible.
There is a potential trigger for re-rating coming up as well. The spin-off of Dynamic Metals and transition to a US pure-play is not just an opportunity for them to refresh management and leadership but also attract new investors.
- Forums
- ASX - By Stock
- JLL
- JRL most undervalued Li stock on ASX?
JRL most undervalued Li stock on ASX?, page-4
-
- There are more pages in this discussion • 62 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 JLL (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.5¢ |
Change
-0.010(4.08%) |
Mkt cap ! $16.77M |
Open | High | Low | Value | Volume |
24.0¢ | 24.0¢ | 23.0¢ | $23.12K | 98.81K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 44000 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 8399 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 44000 | 0.225 |
1 | 1000 | 0.215 |
1 | 2694 | 0.195 |
1 | 20000 | 0.190 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 8399 | 1 |
0.270 | 10000 | 1 |
0.280 | 8000 | 1 |
0.290 | 41666 | 1 |
0.295 | 4500 | 2 |
Last trade - 15.59pm 09/10/2024 (20 minute delay) ? |
Featured News
JLL (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online