If one actually takes their time to research this company and is bullish in the agricultural sector, then one will be able to see how undervalued this is.
Do not listen to one poster who keeps trying to ramp down this play while investing in a play that has a NEGATIVE NPV valuation on its projects regardless of its market cap or share price. Do your own due diligence and invest according to your risk/reward propositions.
This firm will have greater than 500MT phosphate in multiple deposits and low OPEX costs. The metallurgy sits on the high end on some of its deposits and it has DSO potential - meaning quick cashflow. It is also managed by PROVEN company makers...these people can have their choice of a firm and they decided to work solely on this project. There are not many firms out there with proven phosphate plays...as soon as they confirm and increase their resources, they will be looked at by the majors.
Furthermore, they have potash sitting on their current projects. The cost effectiveness of this cannot be put aside.
Buyers are stepping up.
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Last
6.3¢ |
Change
-0.001(1.56%) |
Mkt cap ! $55.35M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 6.1¢ | $83.12K | 1.332M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 146393 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 413793 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 146393 | 0.061 |
3 | 83333 | 0.060 |
1 | 45000 | 0.058 |
2 | 26152 | 0.057 |
3 | 128000 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 413793 | 2 |
0.066 | 147540 | 1 |
0.067 | 24600 | 1 |
0.068 | 20000 | 1 |
0.069 | 110000 | 2 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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LITHIUM PLUS MINERALS LTD.
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