When IR1 was at $2 the lithium price was x3 times higher. So lithium was still in vogue.
The drill results were coming through. Slower but continues. This year IRIS has announced 3x assays in 8 months. No mention of MRE at anytime.
The crucial stacked pegmatites theory failed with the 90m pegmatite assays only 3m mineralised.
The promise was high a year ago. Lithium price has capitulated, the hopes of IRIS having an economic 50MT resource at Beecher were destroyed by the failed stacked pegs.
Management who seem to be on a holiday .. A LOT has changed in the last 12 months. A lot of realities have set in.
When IR1 was at $2 the lithium price was x3 times higher. So...
Add IR1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.95M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200000 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 56197 | 3 |
View Market Depth
| Last trade - 10.24am 19/11/2024 (20 minute delay) ? |
| IR1 (ASX) Chart |
Day chart unavailable