Regrettably, it seems that we won't be witnessing either an IPO or a takeover in the present situation. During the webinar, the CEO indicated that USD50,000 was the starting price for any potential takeover, and the current price is considerably lower than that. This means that we would be looking at a potential yearly revenue of $2.5bn, which is less than the $5bn mentioned in the webinar. Additionaly, there are several other factors to consider, such as technology to extract lithium, JORC, and actual production time. CEO missed the golden time???? A million dollar question here!
- Forums
- IPOs
- Phoenix Water - PXW - Lithium - 100x
Regrettably, it seems that we won't be witnessing either an IPO...
-
- There are more pages in this discussion • 1,792 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online