MLS 8.33% 2.6¢ metals australia ltd

Ann: Thick Intersections of Lithium Pegmatite at Manindi, page-678

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  1. 8,074 Posts.
    lightbulb Created with Sketch. 558
    Indeed,

    -cash burn is low thus far all things considered
    -$52m market cap with around $8m in the kitty(any conversion of options obviously still makes for a very healthy EV with no CR needed for years)
    -high-purity graphite up to 96.8%(cg) fit for for lithium-ion batteries, with a significant proportion (>20%) of large flake
    -Lithium potential thus far averaged 1.29% Li2O, 0.51% Rb over the entire 500m pegmatite strike length and included results of up to 2.30% Li2O and 0.70% Rb
    -Rubidium being worth more than gold
    -Add Copper, Gold, Zinc potential on top of it all

    All this with a shortage of battery minerals and increasing prices

    Lets hope we need to strap ourselves in over the coming weeks as the market cap heads to where it should be

    GLTAH
 
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