ACB has actually done a PFS so the project us reasonably advanced. Its a few years old now and they where in the process of improving some of the steps, particularly selective mining to increase the U grade prior to leaching.
ACB also has 55% (rights to 75%) of the Wilconi project in WA that contains 660.000T of Nickel and 47.000T of Cobalt. Apparently LOT wants to sell this so this could bring some $$ as well to put towards progressing the U project.
I am pretty confident the market will value the pounds in the ground much higher when LOT goes into production. And rightfully so.
Ann: Letlhakane Uranium Mineral Resource Estimate, page-29
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Last
33.5¢ |
Change
0.010(3.08%) |
Mkt cap ! $613.4M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.5¢ | 32.0¢ | $1.168M | 3.562M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 111740 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 167956 | 4 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LOT (ASX) Chart |