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1.9¢ future battery minerals limited

Ann: Drilling Underway at Kangaroo Hills Lithium Project, page-30

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asxtrader007

4,242 Posts.

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25/07/23

16:05

Post #: 68972835
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Originally posted by prawn_man: ↑

Amigo, I agree with your comments about the low valuation, I don't see a problem. As for the cash reserves, I think the sale of an asset is going to provide funds in staged future payments. So it might depend on how those funds are counted by accountants. An announcement said there is enough reserve to fund all planned exploration activities (from memory). The quarterly report may give an update. (PS: I used to hold Auroch for years, when it was searching for base metals in and around Kangaroos Island in SA. Sold out on frustrating news of poor, deep drilling intercepts. Now I am back, after reading about the re-branded company finding good shallow lithium-intercepts in WA and USA. Had to sell a couple of lithium-hopefuls at a loss to buy here. Just another cycle on the merry-go-round that we call the ASX. Good luck all.)

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thanks for the info, has the leadership changed since rebranding? Any poor history in the executive team? I’m reading a lot just thought I’d reach out on any previous poor developments here? Thanks all.

FBM Price at posting: 10.5¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 1.9¢		Change 0.000(0.00%)		Mkt cap ! $12.64M

Open	High	Low	Value	Volume
2.3¢	2.3¢	1.9¢	$79.92K	3.784M

Buyers (Bids)

No.	Vol.	Price($)
5	734321	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	50000	1

View Market Depth

No.	Vol.	Price($)
5	734321	0.019
5	607907	0.018
6	568982	0.017
4	1683665	0.016
1	76200	0.013

Price($)	Vol.	No.
0.020	50000	1
0.022	450000	1
0.023	449999	1
0.025	251784	2
0.027	656292	1

Last trade - 16.10pm 04/11/2024 (20 minute delay)

FBM (ASX) Chart