ODE 17.7% 0.7¢ odessa minerals limited

Saw this one last week but didn't pay attention to it. Then saw...

  1. 2,989 Posts.
    lightbulb Created with Sketch. 4363
    Saw this one last week but didn't pay attention to it. Then saw it at 1.7c-1.8c yesterday and regretted I didn't buy in at 1.5c.

    Surprised I was able to load up at 1.3c today.

    LLI, RDN,...have MC of $70mil, $80mil with rockchip samples but strike length is no where near what this company has (~40km strike length across 3 tenements) with more than $4mil cash in hand. Current MC is only $13mil. I see a potential of 300%-500% increase in sp and MC. So, happy to load up.

    Give it a week or two and we could see sp of 2.5c-3c.

    It is very typical sp goes up, then people take profit while others manipulate sp down to load up. But a few weeks later, just like other similar stocks, sp keeps making ATH again and again until the market sees a fair value based on risk/reward perception. I believe we will see a MC of around $35mil-$45mil in the next few weeks.

    40km strike length in total. Let's that sink in. In 1 tenement alone, the strike length is already 16km of lithium potential.

    $13mil MC with more than $4mil cash in hand with 2 tenements of lithium prospects and 1 tenement of REE with samples of up to 16% REE is too compelling to ignore IMO.


 
watchlist Created with Sketch. Add ODE (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
-0.002(17.7%)
Mkt cap ! $8.877M
Open High Low Value Volume
0.9¢ 0.9¢ 0.7¢ $122.3K 15.56M

Buyers (Bids)

No. Vol. Price($)
4 1388443 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1069790 4
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
ODE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.