With all due respect, strong cashflowis not "break even", and it needs to be sustained for at least 4 quarters.
I'm not saying the potential lithium resources need to be defined now, but the last two CEO's haven't been able to produce gold in a manner that is profitable and sustainable.
I'm not trying to crap on your investment, I've lost over $20k in 6 months.
I'm giving my perspective on what needs to be done to get this company back to profitability, which it hasn't achieved since this version of "the company" was reincarnated and launched on the ASX (in it's latest version).
The "good company" had failed several times due to grades and a resource / ore body that simply isn't feasible.
Check my posts, I've been calling for management to stop operations and confirm the resource for at least a year.
Each person can make their own decision, but I'm sharing my experience and perspective, that's based on my research.
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Last
60.0¢ |
Change
0.025(4.35%) |
Mkt cap ! $1.117B |
Open | High | Low | Value | Volume |
57.0¢ | 60.0¢ | 57.0¢ | $2.212M | 3.780M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 133923 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 140278 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 133923 | 0.590 |
2 | 133042 | 0.585 |
3 | 56883 | 0.580 |
1 | 90000 | 0.575 |
4 | 226738 | 0.570 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 140278 | 7 |
0.605 | 87589 | 2 |
0.610 | 146222 | 6 |
0.615 | 114951 | 4 |
0.620 | 10215 | 7 |
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