Thanks BB and S90 for your response as you help me continue my learning.
FYI. The P/E of 10 is not a calculation. It is my value judgement of the return I am happy to get. My purchase cost equals 10 years of profit.
The graph is a guide for me to buy/sell. For example, if I believe the long term price of lithium is $US16000, then I think a fair share price is $A10.00. So if it is $5, I might buy more. If it were $15, I might sell some.
ORE Price at posting:
$6.12 Sentiment: None Disclosure: Held
