Break resistance if 41.50p and we going straight to 45p
at the moment its all about proving the assets and maximizing the volume of resources once that happened and RNS'd the Share price should be minimum north of 60p-70p all this will be done in next 18 months I should think or sooner
Does anyone thing Sp will be single figures next week or 2
depanding on resource update and full value of assets in comparison to next door LAC 150 mil mcap would be 20 times less ,so yes in 5 to 7 years time this could be 2 billion market cap provided proen resources ,but I have a strong feeling it be sold way before this under 500 million and thats cheap sp of £1.57p unless there is placing before sold
The Company will provide further updates as its shares are admitted to trading on OTCQB.
Bradda has also engaged Red Cloud to act as its broker in North America. Red Cloud is a well-known organisation within North America and has the capability to help Bradda engage with North American investors and help to share the Bradda story. Bradda’s assets are located in Arizona and Nevada, and the combination of the OTC listing and the engagement of Red Cloud will help Bradda reach investors who want to invest in North American lithium stories.
Charles FitzRoy, CEO of Bradda Head, commented: “We are delighted to have commenced the process of being admitted to trading on the OTCQB market.
“Given Bradda Head’s strategy of developing critical US lithium projects to supply the domestic market, the current aggressive exploration programme that we are undertaking and the significant interest in lithium in the US, we believe that listing on the OTC will enable us to gain greater visibility, further broaden our shareholder base and increase demand and liquidity in one of the world’s major lithium markets.
“Red Cloud are a renowned and trusted North American broker with the ability to reach investors who can’t trade AIM-quoted companies. Bradda’s assets are in the US and we have had significant interest showing that the North American market is looking for investments in lithium companies in the US.”
www.braddaheadltd.com