Hi,
That MLS has found Lithium is a good start. What I found even more exciting is the fact that they found relatively high grades of Rubidium.
The price of Rubidium is 2 and a half times the price of gold. $125,000 per kg. (Tantalum is around this price too.)
So 16m @ 0.32% Rb is comparable to 16m @ 0.80% Au.
That sound rather amazing to me when considering that this is only the by-product of mining 1.12% Li.
When looking at the share price movement today it appears that I missed something.
Can someone tell me what it is?
75% of drilling completed and essay results should trickle in over the next 2 months. Market cap $53Mill appears to me at the very low end of a reasonable valuation.
I guess time will tell.
K
- Forums
- ASX - By Stock
- MLS
- Ann: Excellent Lithium Intersections from Manindi Pegmatites
Ann: Excellent Lithium Intersections from Manindi Pegmatites, page-132
-
-
- There are more pages in this discussion • 279 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.27M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.1¢ | $19.02K | 905.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2023105 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 113609 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2023105 | 0.020 |
12 | 3685379 | 0.019 |
11 | 3481294 | 0.018 |
4 | 1131953 | 0.017 |
3 | 274500 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 113609 | 1 |
0.022 | 219170 | 5 |
0.023 | 248500 | 3 |
0.024 | 278137 | 1 |
0.025 | 591353 | 5 |
Last trade - 12.40pm 30/08/2024 (20 minute delay) ? |
Featured News
MLS (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online