MPJ 0.00% 0.0¢ mining projects group limited

PLS - Offically the largest lithium ore deposit in the world!!, page-17

  1. 6,289 Posts.
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    I understood your point on MC and was simplifying my thinking.

    To be clear stocks like PLP which have something and they don't even have a $130 million market cap (and they are doing something - an example) as well as DKO (who is located close to PLS to boot). I also hold SEG and don't think nearology will significantly increase MC there either . Our MC at $130 million, will be half of AJM and they are doing something as well, hence my sceptism here at the concept that nearology will derive MC above $100 million. I am intending to go long here, so the only way I see our MC anywhere above $200 million is if we find something - as a short term investment strategy there might be a little benefit from nearology which I stated in a previous post - but not of the scale you envisage IMO - but long term it is finding LCT that counts to MC and SP. If you are correct I will eat humble pie very happily however.
 
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