AM7 is at Bankable Feasibility Stage on Swanson tantalite-mine development. Current EV for Swanson guesstimated at $25.0M (will revisit update later) and say for cash and other non-lithium assets $2.5M and Bitterwasser both clay-pan and potential lithium brines EV is then NIL.
There are two U.S. peers that are developing claypan lithium in same Nevada basin. Noram has 2,000 acres of permits and completed scoping study for 17,000 tpy of li, now advancing to BFS and engineering works next year. Market cap is A$46M.
Cypress has a similar production profile over 5,590 acres (next door) and is now completing BFS with a market cap of A$175M. Depth of the pan is about 150 feet.
AM7 holds 996,100 acres of prime lithium real estate, that is about 250 -500 times more prime real estate than Noram or Cypress, valued at?
AM7 is at Bankable Feasibility Stage on Swanson tantalite-mine...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.286M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93466 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 1780 | 1 |
View Market Depth
| Last trade - 16.21pm 01/08/2025 (20 minute delay) ? |
| AM7 (ASX) Chart |
Day chart unavailable