MPJ 0.00% 0.0¢ mining projects group limited

Correction: Market Caps @ Friday 8/4/16: PLS - $491 Million +...

  1. 29 Posts.
    Correction:

    Market Caps @ Friday 8/4/16:

    PLS - $491 Million + (Close: 60.5 cents @8/4)

    AJM - $214 Million (Close: 23 cents @ 8/4 NOT 13.5 cents,
    which was close of DKO)

    MPJ - $18 Million + (Close: 0.75 cents @ 8/4)

    In any case, a more compelling comparison implying an even bigger re-rate of MPJ s/p & MC if Lithium strike(s) occur. If MPJ make Lithium strike(s), then Market Cap would likely re-rate to $100 - $200 Million + in the first instance, probably within days. Subsequent MC increases would be dependent on the size of the resource obviously. PLS has more than twice the Lithium ore (Spodumene) as AJM, which is reflected in their Market Caps @ $491 Million & $214 Million respectively.
 
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