https://ir.snowlakelithium.com/news-events/press-releases/detail/66/snow-lake-lithium-and-lg-energy-solution-collaborate-to
snow lake, formally NVA. NVA still own 37% after spin out. I held from 2017 until 2020 until management did my head in. Snow lake have managed 11mt at 1%, cancet as a starting point is far better.
Yesterday, snow lake jumped 50% to a AU 100mil mcap, after announcing JV. I expect snow lake mcap to increase further when the market improves. Friday and last week didn't do investment confidence much good in any sector.
The point is however, 11mt will be mined, and this 11mt with be somewhat difficult compared to other at surface deposits, snow lake churned 46million shares, compared to an average of 330 thousand. Investors wanted in and will continue to buy into any minable deposits.
WR1 General Discussion, page-327
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Last
76.5¢ |
Change
0.005(0.66%) |
Mkt cap ! $164.5M | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 78.0¢ | 74.5¢ | $493.9K | 651.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43997 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 10476 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |