How about this... MPJ don't have results but are in a very...

How about this... MPJ don't have results but are in a very promising region, one can not deny this statement...

AJM marker cap around $200mil, PLS around $400mil... An average of $300mil cap.

A very conservative chance of hitting is 20%, so market cap of $60mil? This places MPJ around 3c....

Even take a super pessimistic approach of a 1 in 10 chance of hitting reasonable Lithium deposit. Market cap circa $30mil. So 1.5c is reasonable, still 50% to go from where we are.

Instos will have derisked this stock based on region, and would likely be targeting 20% or more IMO. In small caps, watching broker data they normally get 100% return in short periods, day in day out.

With no need for capital raising, upcoming results, and consolidation of shares - MPJ is priced to move up fast. No wonder we saw 10mil line wipes today, today was pure consolidating at 0.9c. If you think it was day traders - they would have exited on close and/or would not have been involved until that 1c wall was chewed into. Bigger players are swarming.

Pls DYOR blah blah.