1MC morella corporation limited

  1. 5,713 Posts.
    lightbulb Created with Sketch. 1884
    Yeah, I know, but it's the principle that counts. They don't have to buy shares on market & they don't have to participate in any CR. They could just sit back & collect a wage. Let everyone else fund their lifestyle. Why waste their own cash?

    Look, I didn't own AJM, but at the time when I was looking to buy my first lithium shares around 10 years ago it was on my radar. I followed it for a while, but I decided to buy other stocks instead. Over the years I watched it rise as my other stock floundered & I did regret not buying in. Then she when under, so I thought this might be AJM 2.0 but with a different ending this time. Who knows, maybe not, I don't know.

    I don't share the same anger as other LT holders would. But due to dilution & the consolidation 99% of my investment here has vaporised. All I can hope for is a successful outcome for 1MC, so I've got the option to average down & have the ability to get my money back & then some.

    Fish Lake in the US seems promising & I think it would be an excellent part of the world to invest in, given all the geopolitical upheaval at the moment. China & the US are fighting over rare earth minerals & I'm sure the US would want to secure at much lithium as possible.

    1MC has the option to acquire 100% of the project.

    https://hotcopper.com.au/data/attachments/6896/6896107-00c47f3a2d4baf7bfdcf03597adb8b39.jpg

    https://hotcopper.com.au/data/attachments/6896/6896115-d751fa469baec419feb61e5ad3f1b834.jpg

    MORELLA CORPORATION LIMITED (ASX:1MC) - Ann: Half Yearly Report and Accounts, 78203907, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    Below is some info around Silver Peak.

    Silver Peak, NV, USA | Albemarle


    https://hotcopper.com.au/data/attachments/6896/6896110-d572e0ad243f33fa4d2dda07514393e2.jpg

    But I'll say one last thing, I'm willing to bet they've bought more shares on market than the vast majority of people who will read this thread.

    I think that counts for something.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $6.196M
Open High Low Value Volume
1.8¢ 1.8¢ 1.7¢ $2.824K 157.2K

Buyers (Bids)

No. Vol. Price($)
2 213583 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 206741 8
View Market Depth
Last trade - 15.20pm 16/06/2025 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.