RE:Comparison Target 0.35 CADSylt1204 wrote: Comparison Target 0.35 CAD Hey guys, I want to show you something. Please have a look at the company Savannah Resource for comparison, there is a market cap of 70 million British pounds, which is 120 million CAD. There is a resource of 27 Mt. with 1.06 % lithium. Tantalex Resource has a resource of 50 Mt. with 1.0 % lithium. That means we have a larger amount of lithium. If you now compare the figures, we should actually be valued at at least CAD 120 million as a market cap, just like the company Savannah Resource. We should actually be even higher, since we have 50 Mt. and Savannah Resource only 27 Mt. At today's price, we can easily assume that TTX will rise to a market cap of 100 million, so the price will increase by 5 times. Do you see the undervaluation of Tantalex Resource, Take a look at everything and compare. We will go up to a price of 0.35 CAD
I would say that you can double that by comparison, because Savannah Resources still has to mine it out of the ground, which is costly compared to scooping up tailings dumps and hauling to the process plant.