OD6 2.86% 6.8¢ od6 metals limited

PP There has to be something brewing at OD6. But the selling...

  1. tcf
    6,814 Posts.
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    PP
    There has to be something brewing at OD6.
    But the selling recently on the ASX defies any anticipated good news.

    Apart from lack of meaningful dollars in the bank, there is no bad news in front of us. Boredom maybe.

    I expect a resources upgrade to around 500mt going around 1500ppm+. I expect no issues with processing.

    Given the market caps of BHs stated peers, any good news should see a multiple rise in the sp.

    Not sure what the perceived issue is with “farmland”.

    unlike bushland the farmland has relatively little fauna and flora matters to deal with. Access is mostly about $$$$ compensation. Mining REE is similar to mining mineral sands. About 98% of the dug up dirt will go back into the pit and rural land will be returned for future rural activity. Remixing the soil through the mining process can produce a more productive farmland.

    Anyone thinking mining in native ground is easier than farmland is deluded.

    Concentrated drilling the potential Copper, nickel gold targets at Grass Patch could be a game changer. Apart from mention of these targets during a recent interview the company has said nothing official to the ASX about the matter.

 
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Last
6.8¢
Change
-0.002(2.86%)
Mkt cap ! $5.457M
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6.9¢ 7.0¢ 6.8¢ $12.22K 178.6K

Buyers (Bids)

No. Vol. Price($)
1 1184 6.8¢
 

Sellers (Offers)

Price($) Vol. No.
7.3¢ 16715 1
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
7.2¢
  Change
-0.002 ( 2.86 %)
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7.0¢ 7.2¢ 6.9¢ 81985
Last updated 13.12pm 03/05/2024 ?
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