I think the resource should be fairly straightforward given how mineral sands form and the drilling already completed by Illuka and VHM near us. Don't particularly care about the size of the resource since there is plenty around, that is clear.
They are just getting A resource so that everything is in place for the regulators so that we can dig a small portion out of the ground.
The real prize is if they can actually build that pilot plant for 1.5m, get the feed into it and show that it can cost effectively separate REE with no radioactivity concerns in the waste as stated. Then I suspect VHM will come knocking. If they can do this prior to needing a CR then current shareholders will do very well. I'm a bit sceptical that it's achievable without a CR.
My current exposure here for clarity is through medallion.
- Forums
- ASX - By Stock
- Ann: ACDC Metals Hits High Grade HMS at GC Project
I think the resource should be fairly straightforward given how...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ADC (ASX) to my watchlist
|
|||||
Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.481M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16821 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.4¢ | 34597 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16821 | 0.050 |
2 | 123265 | 0.049 |
2 | 139166 | 0.048 |
1 | 111111 | 0.045 |
2 | 400000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 34597 | 1 |
0.055 | 210000 | 2 |
0.060 | 340909 | 2 |
0.063 | 124616 | 1 |
0.064 | 90000 | 1 |
Last trade - 15.12pm 23/08/2024 (20 minute delay) ? |
Featured News
ADC (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online