Just had a look at one of my old lithium shares. Non producer with a market cap of $780 million. You would think we still have a fair bit room in the MC now and a lot more later.
I thought about buying back into that one when they won the bid but couldn’t work out where all the funding would come from. Doesn’t seem to matter in this sort of market since it is up 350% since then. There seems like a few not too far below $1 billion market cap with not much more than a resource.
I imagine with the price of spod, James Bay would have to be getting a hurry on. Any ideas on the permitting times lines. Can’t recall seeing a detailed JB timeline.
GXY Price at posting:
$5.67 Sentiment: Buy Disclosure: Held
