ARV

3.70%

1.4¢ artemis resources limited

How to fund exploration, page-20

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Black Cat

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25/07/23

19:47

Post #: 68976699
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Originally posted by JandJ: ↑

How to fund Li exploration is the question - and 'Sell Radio Hill' is suggested - but RAF says no! and I say yes! If it is worth anything that is. Is it?

I remember when I held in the old DL days when everything was rosy --- and Radio Hill only need a few more bucks and it was a goer - year in, year out.
But now we have known Li fertile pegmatites on one tenement (JV to GRE, but still 'ours') and very likely many on our 100% tenements.

And in my opinion Lithium is the new Iron Ore - and West Australia is once more in the box seat.

Do we still need Radio Hill ??

My DD says ARV has $2,4 mill in cash (31-3-23) and I assume that is enough to map and sample a few hundred peg outcrops along trend from the GRE 'discovery' and further south where I suspect the AZS trend follows through into ARV ground.
Assay a few rock chips, maybe drill one or two likely pegs.
If it works - and I like the geology with granite and ultramafics in the locality making prospects fair/good/very good - then future cash is a no brainer.

I believe its time to act now - last night saw a strong up day on S&P 500 and US inflation down to 3%.
Today ASX responds with - XJO (all ords) up 1.4% - XSO (small ords, emerging) up 1.7% - XGD (gold miners) up 4.7% and XMM (mining and materials) up 2.3%.

If Lithium is the new Iron Ore, we are in at basement levels right NOW.

Please DYOR, only my own views.GL.

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Those of us discussing the potential both here and in London all agree that Radio Hill is a valuable asset - ideally located with fully permitted crushing/screening and tailings facilities to fast track lithium DSO from the Karratha area. It could shave several years off the time frame for AZS or any other company that proves up a lithium resource in the area to export DSO -a hop step and a jump to a port.
So ARV has more ammo than most players in the area - highly prospective LCT pegmatite trends in the JV with GRE -a large 100% owned prospective acreage and a fully permitted crushing and screening plant.

ARV Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.4¢		Change 0.001(3.70%)		Mkt cap ! $26.83M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$2.346K	171.0K

Buyers (Bids)

No.	Vol.	Price($)
3	500000	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	712666	7

View Market Depth

No.	Vol.	Price($)
3	500000	0.013
8	1270422	0.012
11	3166669	0.011
8	5362500	0.010
5	3799444	0.009

Price($)	Vol.	No.
0.014	632666	6
0.015	4779956	10
0.016	7366666	5
0.017	1447437	4
0.018	3938721	7

Last trade - 16.10pm 01/11/2024 (20 minute delay)

ARV (ASX) Chart

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