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
The executed $12 million Farm-in and Joint Venture Agreement...
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Mkt cap ! $7.247M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.7¢ | 1.5¢ | $9.351K | 604.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 327518 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.6¢ | 93190 | 1 |
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| Last trade - 11.08am 10/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 1.6¢ | 1.6¢ | 1.5¢ | 139081 | ||
| Last updated 11.08am 10/05/2024 ? | |||||
| VSR (ASX) Chart |