1MC 3.23% 3.0¢ morella corporation limited

Lithium & The Future, page-3348

  1. 28,068 Posts.
    lightbulb Created with Sketch. 1408
    No sure why it would not take 3 years but in saying that it is possible. I happen to think along the lines of 2 years and reason being supply constraints

    "That said, supply figures may come in lower than this because low prices could lead to market adjustment and continued difficulties when expanding production, which could mean missed output targets."

    Fast and furious race to nameplate could very well be determined by overall demand and of course current market prices due to some oversupply

    Current prices could make a dent in supply IMO as productions levels decrease so a slowly but surely approach works for me. Financing stage 2 has to be on much better terms than stage 1 and as there is no info on this I am happy to watch until some more definitive news on fianancing of current operations and future operations and overall debt control
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
-0.001(3.23%)
Mkt cap ! $9.092M
Open High Low Value Volume
3.1¢ 3.1¢ 3.0¢ $1.286K 42.48K

Buyers (Bids)

No. Vol. Price($)
2 91929 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 112728 1
View Market Depth
Last trade - 15.55pm 01/11/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.