There is a scenario whereby DLI is effectively split into 2 distinct assets: Gascoyne/Yinnetharra and Mt Ida. The proximity of DLI's Mt Ida to Hancock's Mt Bevan magnetite/lithium tenements (& Mt Kathleen) could see it incorporated within a wider regional play, maybe involving a regional processing hub, and tied by extension of rail deeper into the Mt Ida region from the Leonora rail spur.Mt Kathleen-Mt Ida- Bald Hills-Esperance is a possibility.
Given Gina has promised alot to Modi and the Indian interests involved in the Mt Bevan JV (NDRC via LCY), such an integrated regional development would facilitate both the development of the stranded iron ore deposits and also fastrack lithium promises at neighbouring Mt Bevan via a Hancock-controlled Mt Ida mine.
An Ida regional plan would deliver strategic benefits for both Gina & Ellison, with, or without Albermarle. Would allow other stranded deposits to be acquired or brought on-board a processing chain.
Yinnetharra then becomes a standalone asset that forms the backbone of a concerted Gascoyne regional play with linkages to the West Coast...
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $146.3M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 20.5¢ | $2.263K | 11.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 105073 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 6412 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 105073 | 0.200 |
6 | 108946 | 0.195 |
8 | 79204 | 0.190 |
4 | 390675 | 0.185 |
7 | 211094 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 6412 | 2 |
0.210 | 504081 | 2 |
0.215 | 15573 | 2 |
0.220 | 833573 | 3 |
0.225 | 9473 | 2 |
Last trade - 10.03am 19/11/2024 (20 minute delay) ? |
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