Since that post, lithium prices have continued to crash and modestly rebound. TG6 has fallen back to barely above EV.
A new development today is Min Res doing a land grab for 86sqm of tenement, buying the Poseidon Nickel plant to the North and intending to convert it into a lithium processing hub. The timeline for that could be comparatively quick because a lot of the difficult consents may already be inplace. This is likely to increase the interest in Lake Johnston tenements, but a long drill intercept or following that JORC resource in the area would certainly help.
E25 - Lake Johnston, page-23
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Last
25.5¢ |
Change
-0.020(7.27%) |
Mkt cap ! $55.47M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 25.5¢ | $82.05K | 317.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 114299 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 59106 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
25.8¢ |
Change
-0.020 ( 3.52 %) |
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| Open | High | Low | Volume | ||
| 26.5¢ | 27.0¢ | 25.5¢ | 90729 | ||
| Last updated 15.40pm 14/06/2024 ? | |||||
| E25 (ASX) Chart |