Well how about injecting some reality here instead of hot air dreams.
Current vwap here around 50c.
Both Lrs and Frontier lithium saw about 70% premium to market sp.
Apply same empirical precedent would be 50c x 1.7 = 85c exactly the sp the company thought it was a good price to do the last CR with a 80mt MRE + Renard Plant.
Suitors would say you were happy for cash at 85c so their offer for 85c is just as good.
Well how about injecting some reality here instead of hot air...
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Last
57.5¢ |
Change
-0.025(4.17%) |
Mkt cap ! $124.3M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.5¢ | 57.0¢ | $204.3K | 350.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17212 | 57.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 6000 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |