The Market can not ignore this company any longer but needs to re-rate it where it belongs.
Plenty of upside left imho.
The conversion ratio from lithium to lithium carbonate is 5.32, implying a reserve of 7.46
million tonnes of lithium carbonate at $6,000 per tonne (2006 price quoted by Industrial
Minerals)
WITH A HISTORICAL VALUE OF $44.7 BILLION.
The conversion ratio to lithium Chloride from
lithium metal is 6.12 and for lithium Hydroxide it is 1.49 times.
market can not ignore 44 billion dollars
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.55M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 328833 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 492990 | 1 |
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| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| ADY (ASX) Chart |
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