Low volume sell down at the moment on no news.
I expect the plan relates to China's interests in Africa and our strategic partner (Huayou) who would likely care naught about the SP.
We also have a commercial adviser in Canaccord. Seemed unusual at the time. Those terms there are insightful.
As is this history:
China's Huayou buys lithium mine in Zimbabwe for $422 mln | Reuters
Current MC is 12m. Very low SOI.
If there was a sale at $500m - how many bags do you think this is worth from here?
More than enough to make most modest holders quite wealthy I would suggest.
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $4.445M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.1¢ | $27.63K | 2.363M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2265973 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 392307 | 3 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| AS2 (ASX) Chart |