Lets be realistic.
Deeply weathered Cap, not mineralised or full of fines = high Pre-strip / High CAPEX to start.
Steeply dipping pegmatite = High strip ratio = high OPEX
Depth hits at 300m - 400m depth = investing somewhere else now.
Maybe they should go back to being an explorer...
... just not for Lithium in the deeply WX horizons in the NT.
Why put this out, it hardly material given your waiting on a MRE upgrade, and will probably serve to drive the SP down.
I thought management were smarter than this.
Lets be realistic.Deeply weathered Cap, not mineralised or full...
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Last
10.5¢ |
Change
-0.020(16.0%) |
Mkt cap ! $224.3M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 10.5¢ | $3.542M | 31.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 2955623 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 2160605 | 9 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
10.5¢ |
Change
-0.020 ( 14.9 %) |
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| Open | High | Low | Volume | ||
| 12.3¢ | 12.3¢ | 10.5¢ | 17137999 | ||
| Last updated 16.00pm 06/06/2024 ? | |||||
| CXO (ASX) Chart |