Its to me simple:
All things were a go with the completed Feasibility Study and Approved Funding conditional on off take
Funding from the WA Govt for the off take was only given to battery providers
So the market cacked itself once we found out there was no off take.
Back to drawing board with a revised Feasibility Study, pretty much based on the previous but with "only" 1 year off take agreement. Essentially, I predict history will repeat itself. Just delayed is all. IMO
Hence the director buying because the fundamentals have not really changed
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $103.0M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $50.83K | 251.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8220 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 89941 | 4 |
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| Last trade - 15.49pm 18/07/2025 (20 minute delay) ? |
| FHE (ASX) Chart |