The 5.5% hit previously would rate it as the highest-grade deposit globally. The low processing cost with simple floatation also makes it one of the cheapest deposits to recover the Li from and it is huge. It is also in a mining friendly jurisdiction so ALL eyes on it. Lithium prices will recover in the second half of 23 IMO as this will be a repeat of the last price cycle. Wouldn't want to be in any of the small deposits still scratching around as they will probably never make it to production. Funds will dry up again, investment will dry up again and until there is a benchmark price set the boom bust will continue.
Ann: Patriot Drills 156.9m of 2.12% Li2O at the CV5 Pegmatite, page-294
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Last
46.5¢ |
Change
-0.015(3.13%) |
Mkt cap ! $248.9M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 45.5¢ | $470.1K | 1.006M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 83766 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 31326 | 10 |
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| Last trade - 13.23pm 30/07/2025 (20 minute delay) ? |
| PMT (ASX) Chart |