RE: More to come?20 Mar 2024 09:11
I'm not an expert on predicting prices, not by a long way, and I'm not here to P*ss on anyone's parade, but just IMHO I can't see £1 a share coming any time soon.
Here's why I think that.
There is a tad of just over 1.8bn shares in issue. £1 a share would value the company at £1.83 Bn. I just don't see that we have access to that much Lithium to justify the company being valued that highly. I just can't see it.
Again, just in my humble opinion, once we are in full production and we are offloading every ounce of lithium we mine, I would be more than happy to see 41p a share.
As I say, just my opinion based on no logical argument whatsoever.