We saw what happened to the share prices of the rare earth explorer in NT and the lithium developer in the Kathleen Valley when they got money from the Government's Critical Minerals Development Program.
WA1 just need to prove what they have in ground with the upcoming MRE and can just knock on the Gov's door for a bit of funding, combined with a small raise.
Could be the usual afternoon buy in today like last the few days - Mornings sold down then afternoon buy up.
Analysts dont tell you what they are doing but my best bet is they are holding in anticipation of a solid MRE projected to be the 2nd largest in the world.
The big boys are watching.
Ann: Metallurgical Testwork Presentation, page-44
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Last
$16.48 |
Change
0.140(0.86%) |
Mkt cap ! $1.010B | |||
| Open | High | Low | Value | Volume |
| $16.22 | $16.48 | $16.00 | $7.114M | 437.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 262 | $16.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.49 | 2314 | 2 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |