As I have said a number of times it is pure dumb luck that LJ is now a valuable asset. If not for the near operational 1.5t/y concentrator (first mover advantage) POS would be dead and buried. The Lithium bull has save POS.
Q. What if KDR choose not to proceed with MOU? A. Unlikely.
Q. What if KDR lose to MZN? A. They should still want the MOU.
Q. What if KDR gets taken over? A. They should still want the MOU.
Q. What if KDR don't proceed with MOU? A. There are other option.
I am not the phone call type, but what are the other options? Medusa? Another near term producer? Low ball T/O?
FA - MC and debt = $40m. As good fortune has bestowed us, LJ worth $100M.
ps. Nickel will return
RED
Lake Johnston
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $14.63M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $16.08K | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 66704834 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 46233176 | 24 |
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| Last trade - 15.43pm 06/09/2024 (20 minute delay) ? |
| POS (ASX) Chart |