In few words, the company has negative cash flow + negative EBITDA + Market Cap/Total Assets = 24 times
from the otherhand, the growth estimation for next quarter is 74%, next year 1400%.
The CEO estimated production to start in Q4, with the new mine estimated at $5,1 billion.
At this level, the stock looks a very promicing short idea, will rank it to neutral for now until we get the news in December.
*Not financial advice
from the otherhand, the growth estimation for next quarter is 74%, next year 1400%.
The CEO estimated production to start in Q4, with the new mine estimated at $5,1 billion.
At this level, the stock looks a very promicing short idea, will rank it to neutral for now until we get the news in December.
*Not financial advice
However, the company mining site looks like .... nothing to mining site ...
these are the coordinates i have found: 16°44'02.3"S 41°53'19.5"W
Can someone pls with Google Earth check the date of the images ?
I was wondering how $150M company on paper can worth over $3Billions in this short time by finding a lithium mine and starting the production is less then a year ?