What am I missing here?
I've held anson for almost a year now. The lithium reserve looks huge, extraction and refinement looks fairly cheap (compared to something like coal, gold etc). Processing seems to consist of basically connecting some pipelines and building some drying ponds, wash evaporated product and refine. Nothing more complicated than say a gold mine heap leach process.
Demand and prices for the end product is growing.
Why is the market cap still constantly locked at $30m?
Novice resources investor - looking for what I am missing that is keeping the share price down.
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What am I missing here? I've held anson for almost a year now....
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Last
7.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $104.2M |
Open | High | Low | Value | Volume |
7.7¢ | 7.9¢ | 7.5¢ | $169.3K | 2.202M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13157 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 113969 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 226223 | 0.075 |
7 | 342446 | 0.074 |
7 | 545630 | 0.073 |
9 | 824609 | 0.072 |
3 | 1172856 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 409641 | 7 |
0.080 | 880284 | 4 |
0.081 | 1226780 | 5 |
0.082 | 351614 | 2 |
0.083 | 500000 | 3 |
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