It has been three months since the lithium 'discovery' at Hogs Ranch and since then diddly squat in regards to RXM plans for the project. Aside from a very vague reference to partners/alternatives for creating 'additional value' in the Chairmans report! (extract below) Have I missed some specifics?
I am holding onto my RXM holdings (rather than moving them into NWC - my only other copper play) in part due to the potential upside kicker from Hogs on top of Hillside. But not sure what to make of this opportunity now. Are they still actively trying to find buyers? Why not some further lithium drilling if they are serious about this new potential (having secured licences for a much expanded area)?
Whats going on with Hog Ranch?
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $168.9M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.5¢ | 21.5¢ | $65.20K | 297.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 315651 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 80377 | 3 |
View Market Depth
| Last trade - 15.22pm 06/05/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
-0.005 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 22.5¢ | 22.0¢ | 83466 | ||
| Last updated 15.22pm 06/05/2024 ? | |||||
| RXM (ASX) Chart |