most underpriced li on asx, page-20

The crazy thing is we will get to watch what happens to a stock that has only SOI of 55m shares and is FULLY funded until mid 2022 unless additional funds are needed for accelerated activities.

IF we get say 2 or more really good announcements combined with increased macro market forces, we could have a POSSIBLE MC of say $250m which is about $5 or so a share. Even IF we need to cap raise next year 10m new shares gets you $50m in the kitty. Please look at al you other explorer shares and see what the SP was when they did their last raise and how many shares issued.

Hint ; Many Li stock have at least 200m shares with plenty (not the producers just explores) with around 500m or more SOI.

I don't how this would play out technically as I have no clue about TA but from a FA perspective this is shaping up as a complete SMOKY.