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
15.5¢ |
Change
0.003(1.64%) |
Mkt cap ! $37.75M | |||
| Open | High | Low | Value | Volume |
| 15.3¢ | 15.5¢ | 15.0¢ | $15.88K | 102.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45773 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 100000 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| NVA (ASX) Chart |