Yep I reckon we are at fair value now compared to market, against producing peers (PLS) where at 50% of FV…… with the following assumptions, spod price falls to $1500 and we have some production issues with first full year producing only 150 kt.
So, if somehow spod stays over $1500 and we produce anything close to DFS and if we are valued against our peers then probably a minimum $3 SP from here, my target is 2.50 has been since about 30 cent.
News: CXO Australian lithium miners dive as prices dip in December ore auction, page-12
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.8¢ | 10.0¢ | $530.2K | 5.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 214 | 14378761 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 854495 | 13 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |