My current perspective on Snow Lake is that it could add $0.10 to $0.15 to our share price by the middle of 2020 ( if they can complete a Preliminary Economic Analysis in H1 2020 ).
Could then be worth $0.20 to $0.30 ballpark as an asset once producing (tangible value of asset based on NVA shareholding). So that's sometime in 2020/21.
For background see this thread: https://hotcopper.com.au/posts/39846370/single
Snow Lake Resources Website, page-17
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Last
17.0¢ |
Change
-0.020(10.5%) |
Mkt cap ! $41.40M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 17.0¢ | $50.64K | 278.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14999 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 2805 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |