Can you please undertake some basic research on the company's current state rather than letting your bitterness over the past dominate your motives? You blame the company but at no point do you attribute any faults to yourself for undertaking basic due diligence.
Its beyond me how you expected a junior to secure US $968m in capex funding; since no other junior on the ASX has accomplished such a feat or anywhere near it.
The main play here is ionic adsorption rare earths and not Lithium- but because you are bitter over the past, you're looking for any angle to go on a tangent.
AUZ tenements are interspersed and adjacent to Brazilian Rare Earths (BRE) who have a market cap of $515m. The company has demonstrated through field work that the same geological models exist as per the BRE discovery. That's the main angle. The potential for an IAC discovery adjacent to BRE.
The Resende Lithium project is secondary as per Andrew Nesbitt's own commentary. But since you're desperate for an angle of attack, you've hitched yourself to Lithium.
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0.9¢ |
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Mkt cap ! $12.58M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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19 | 4124463 | 0.9¢ |
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Price($) | Vol. | No. |
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1.0¢ | 3734433 | 18 |
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No. | Vol. | Price($) |
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19 | 4124463 | 0.009 |
24 | 8092000 | 0.008 |
40 | 7662127 | 0.007 |
19 | 6375551 | 0.006 |
12 | 26150000 | 0.005 |
Price($) | Vol. | No. |
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0.010 | 3654433 | 17 |
0.011 | 8384480 | 22 |
0.012 | 6670102 | 14 |
0.013 | 2310000 | 6 |
0.014 | 2964523 | 9 |
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