Hollow,
""Its a $60m market cap company with a resource with good indicators that it could potentially trumps all except 1 producer. It's not whether it gets noticed, it's a case of when..""
I agree with your comments. Having Lithium in our stable of assets is a HUGE plus. Market basically ignored the announcement which was very strange because having a Lithium interest right next door to Rio should have seen a significant lift in it's market cap.
2 years ago someone told me I should buy some PLS. Lithium stocks had been under pressure for about 18 months or so and PLS had dropped from about 1.20 per share to just 15c in March 2020. Their market cap was under 500 million at that time . Less than 2 years later their share price is now worth 3.80 and their market cap a staggering 11.3 BILLION dollars. It was a classic ""buy them when no one wanted them"" 2 years ago.
I should have listened at the time and taken advantage of such a low share price. It was a big mistake.
It is little wonder that RIO has committed 2.4 Billion dollars to this Lithium project in Serbia . They would know full well the money that can be earnt in this project. When or whether VRC do something with this lithium remains to be seen, but the fact that it has it in it's portfolio gives it plenty of bargaining strength for the future. It's all about forward thinking .
It was a very good acquisition and in the fullness of time the market will begin to appreciate it for what it is. A VERY UNDERVALUED ASSET.
Good to see a few buyers mopping up stock at 2.6c this morning. They are doing what I should have been doing with PLS a couple of years ago.
Cheers.
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