Was having a look around on the web today, saw a stock similar to INR:
http://www.lithiumamericas.com/thacker-pass/#project-summary
Market cap 525 Million Share Price $5 CAD about $5 AUD
2 projects one in Argentina and one in Nevada
Both projects Cost per Ton LiCo3 - ~$2,500
Ioneer $1800 p/Ton
Market Cap $273M (commsec)
Any idea why such are large Market cap difference, I understand they hold larger deposits but our cost price per ton is significantly lower and none of there projects appear to be in production stage yet. Are we significantly undervalued? They are also using $13,000 p/t price for lithium while we use a conservative $11,000 in calculations.
Other Lithium Stocks
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $303.8M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.0¢ | $432.2K | 3.249M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 1108354 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 755326 | 11 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| INR (ASX) Chart |