Indeed, the CEO himself stated that he believes an sp of £1000 is possible at some point in the future, sounds crazy in a way but he obviously knows much more than any of us with regards to what’s coming!
£14.20 sounds fine to me if the funding confirmation is due before the end of this month or has indeed leaked out already, happy to hold on for 3-4 bags within the next week.
RE: Lithium news due and Ghana ratification24 Nov 2022 11:43
Surely if that sort of news had leaked out then volume would be higher? Although to be fair todays trading volume is x 20 yesterday’s so perhaps something has leaked!?
When you look at it like that a 50 mill MC is extremely conservative! A take over would be nice presuming it’s not a low ball derisory offer! Starting bid should be around the 100 MC mark presumably!
Myles feels that 50 mill MC is fair at this point so around x 5 sp from the current levels, I personally agree with him and don’t think that’s too hyperbolic all things considered.
I will post whatever and whenever I see fit at any given time, if you don’t want to read my musings then please filter me, that’s what the filter function is for. All the best.
The gravity of todays news seems to be slowly spreading to the wider market, only 11 mill MC still! Don’t forget that the free float is only 8.32 mill!!