AAJ 6.67% 1.6¢ aruma resources limited

Ann: Aruma Intersects Lithium At Mt Deans Lithium Project, page-27

  1. 312 Posts.
    lightbulb Created with Sketch. 200
    For those who do not know, Lithium Carbonate spot price is around CNY 482k / USD75k per tonne.

    https://tradingeconomics.com/commodity/lithium

    Rubidium Carbonate is over $1m per tonne based on the Aruma's press release, i.e. this is equivalent to 14 tonnes of Li Carbonate! I don't know enough how much SC6 is needed to convert to LiCO3 but clearly 0.7-0.8% Rb20 is very material as it would be equivalent to at least 2-3% Li20 in monetary terms in my opinion.
 
watchlist Created with Sketch. Add AAJ (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $3.797M
Open High Low Value Volume
1.7¢ 1.7¢ 1.6¢ $1.248K 75.06K

Buyers (Bids)

No. Vol. Price($)
1 45000 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 587216 4
View Market Depth
Last trade - 10.53am 16/08/2024 (20 minute delay) ?
AAJ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.