Short Term Trading Weekend Lounge: 15 -17 Sept, page-4

  1. 24,192 Posts.
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    Owns 50% of lithium deposit world class Tier 1 hard rock lithium asset in Forrestaina region of WA... MCap 317 undiluted values the deposit at $634m currently... no Prod for 2 years or so ... I would say approaching full value (or at full value) for its stage of dev... I'll prob look at it again about 6 months out from plant being built...should enter a extended orphan period (sideways)whilst it lines up its ducks for prod. Wildcard is Lithium market is on a tear that is.... the tide washing in to "lithium bay" lifting all boats.
 
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