The executed $12 million Farm-in and Joint Venture Agreement with Delta Lithium represents a significant milestone for Voltaic Strategic Resources. This transaction not only injects immediate cash into Voltaic but also fortifies its financial standing, positioning the company favorably for potential long-term gains from the lithium operation. The strategic partnership outlined in the announcement establishes a de-risked pathway to production, adding a positive dimension to the venture. With a substantial amount of cash on its balance sheet, Voltaic is well-positioned for future endeavors. The optimistic outlook suggests a promising trajectory, potentially reflecting in a positive stock performance, with an anticipated target of 0.05 in the near future.DYOR
Ann: $12 million Earn-in JV with Delta Lithium (Ti-Tree), page-31
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Mkt cap ! $6.763M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $7.69K | 549.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 14 | 3618666 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.5¢ | 731921 | 6 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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1.5¢ |
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| Open | High | Low | Volume | ||
| 1.5¢ | 1.5¢ | 1.5¢ | 100000 | ||
| Last updated 10.34am 24/05/2024 ? | |||||
| VSR (ASX) Chart |