Although anything is possible, I think it is more probable that WKT will secure funding and any top up required from holders... will be over subscribed.
I do however tend to agree with your chart theory that a funding announcement will send the SP north but then retreat to whatever any required CR level is.
Then we wait for the processing plant to be built, whereby the SP will relate to the expected income earned from what is mined and sold.
There is also news from Scotland and probably further down the track, NI and Namibia once lithium 2.0 kicks in.
lots to look forward to which is why I buy on perceived dips.
Once in production we could also benefit from Graphite price rises, expansion of Lindi and exploration of the surrounding area. Our resource could expand exponentially from current reported levels.
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Last
9.8¢ |
Change
-0.002(2.00%) |
Mkt cap ! $65.78M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.8¢ | $7.077K | 72.21K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28040 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 78310 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28040 | 0.098 |
2 | 366905 | 0.097 |
3 | 73820 | 0.096 |
4 | 142895 | 0.095 |
1 | 100000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 78310 | 1 |
0.110 | 1331213 | 8 |
0.115 | 353198 | 6 |
0.120 | 477177 | 4 |
0.125 | 219579 | 4 |
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