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3.4¢ morella corporation limited

Totally agree. that was my next point

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Ravin'

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14/08/17

11:11

Post #: 26477226
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Originally posted by unicrumba ↑

It's all in the timing...current producers working on increasing output combined with strong projects coming online in 2018, such as AJM and PLS, which have the ability to increase production as demand will dictate, will be the ones generating the best ROI for investors, everyone's job now is to work out which one represents the best value @ today's SP.

..."Lithium is not rare"... - true, but as the few large new players establish themselves over the next 12-24 months, combined with existing producers, that will present strong hurdles for new players to gain traction due to the very high Capex requirements to start up any new project...they will find it very difficult to secure funding...look at the rates AJM & PLS managed to secure...and AJM was already 4 months into mine construction and we are in a boom cycle with Li pricing at all time highs...so I think people are underestimating the importance of the 'first of the rank' ...any new projects will find it very, very difficult to secure funding, and will make producers (with tenements on hand to increase resource/ production) will be the ones one want's to have shares in.

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Totally agree. that was my next point

AJM Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.4¢		Change 0.000(0.00%)		Mkt cap ! $8.403M

Open	High	Low	Value	Volume
3.5¢	3.6¢	3.4¢	$12.57K	356.0K

Buyers (Bids)

No.	Vol.	Price($)
2	92289	3.4¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	101162	2

View Market Depth

No.	Vol.	Price($)
2	92289	0.034
2	260443	0.033
2	22091	0.032
3	82290	0.031
3	50666	0.030

Price($)	Vol.	No.
0.036	101162	2
0.037	65000	1
0.038	75000	1
0.039	70000	1
0.040	43979	2

Last trade - 15.44pm 26/08/2024 (20 minute delay)

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