Its really just hard to fathom just how big this Brazilian Lithium resource could be after todays ann.. just how many 100Mt's of Li ... when you look at the map of the corridor of hits
Printable View
Its really just hard to fathom just how big this Brazilian Lithium resource could be after todays ann.. just how many 100Mt's of Li ... when you look at the map of the corridor of hits
Another great LRS day yesterday- if you bought early in the morn when it sat at 25c you could have realised 20% profit in a day! All eyes will be on this 'monster' now
Another grateful holder, thank you JBmurc for all your helpful posts :)
I thought I would give you guys a heads up on DYM.
It listed at 20c this year ,its currently at 29.5c.
I'm thinking it may do what ALY did after it listed (another spin off of JRL) and go to 1.00.
DYM may have a nickel deposit at Lake Percy.
In any case the punters are keen.
Management is straight up.
DYOR
Thinking LRS might well take a breather in the high 30's ... been one hell of a ride from the low teens only two months ago 11c .....took another 100k off the table 34.5c now down to 800k next trade sell target 45-50c ?? ...seems insane while great spec explorers and development potential PGM plays are a fraction of just LRS daily Value rise .... if SLM would slip a few more cents might just add there ...as its could well be LRS 2.0 10,000%+ return(If you purchased at recent lows etc)
Yeah I love a good cheap explorer ...CM .... sounds like DYM results coming late JULY ... thinking SLM with results early JULY could be a good stepping stone trade on capital I have for swing trading ... WMG -MAY another couple that could well double in price next month... is what I need to really get the Fy into gear
Yes I agree, its been great but a bit frothy at the moment, the rise has been to fast, I also sold 100k shares at 0.325 May re-enter if it settles down a bit but for now very pleased either way.
Well done everyone, I was tempted when it was trading 21c but thinking it had run hard already but jeepers! Market cap is up there now though for an explorer.
Anyhoo have any of you taken a look at CST? Peter Cook's Castile Resources. Has a near term project with an NPV of $675M and plenty of upside with ongoing exploration. Market cap around A$20M.
Capex not too bad and knowing Cooky they will use a debt structure not to dilute the shareholders too much
I have a small holding, may look to add to it in the next month, otherwise I'll just sit tight.
Hadn't looked into them before now but just took a quick look at their latest presentation and they do appear to be undervalued. How they fund capex will be the key, they mention govt debt funding. Hopefully not too much dilution.