Can anyone tell me of any lithium companies (aus or o/s) that are listed on their stock exchange and the share price fluctuations/comparisons in regard to those companies.
The way I see it is the potential for the rincon project alone is exponentially huge, 10x even 50x bigger than the ore project.
280 million shares in the ore company sounds about right for what they have (post demerger), with anywhere between 200mill to 1 Bill JORC at the end of the month (hopefully) and comparative with Aus ore companies (AGO, BRM, UMC, FMG, AXO etc...) expect to see the share price after demerger at $2.00+ which equates to 53cents pre consolidation (at least).
The lithium, Potash etc however has an enormous upside. The share price after demerger is anyones guess. Anywhere between $1.50-$6.00... Or even more. As I said, who really knows, is a new niche market and ADY is treading into unchartered territory.
Comments???
Can anyone tell me of any lithium companies (aus or o/s) that...
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