Replies to post #6853 on Lithium Exploration Group Inc. (fka LEXG)

[chemist72]

If I believe your revenue math -

then LEXG will be able to recognize about $700K in revenue for Q1. So for a whole year we can assume minimum revenues of about $2.8M. Not sure what their annual expenses are, but it looks to me like LEXG could be PROFITABLE this year. Even if earnings are only 1 cent/share, this would justify a stock price of $.15-.20/ share.

This would provide an excellent base going into 2015. - jmo