Just an extrapolation of current data of SP rise. Kind of a worst case really.
Also the knowledge that the thing is way undervalued. If I'm off, it's most likely going ot be to the upside. CLQ (admittedly a slightly different company) went up 7.5x in 12 months, and this has 10 more months to play out before May. If this is $5.64 at that time, I'm still going to be pretty happy with that! xD
CLQ had completed it's DFS etc. I believe however.
A lot can happen between now, and then, so obviously nothing is a sure bet.
AA DYOR.
Largest cobalt resource with lowest valuation, page-1544
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $93.85M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.0¢ | 46.0¢ | $27.32K | 58.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12410 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 1017 | 2 |
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| Last trade - 14.53pm 11/07/2024 (20 minute delay) ? |
| ARL (ASX) Chart |