@dazthemiller@RobP111 - I had similar thoughts re: the timeframes. Publish an Initially smaller MRE, use this to inform and progress other pre-mining processes, get mining quick and in parallel continue to update the MRE as they extend the drilling.
I think it was the LTR AGM where it was noted that a number of Financial analysts had estimated more Li supply would come online in CY 24 - 25 and this would impact the market pricing. Specific examples were given where companies originally targeting these dates to commence shipping ore would no longer meet these (some by 3+ years).
MinRes have/ had probably being mulling over this potential supply gap as well (and it's probably been a key piece of information in them acquiring their stake in DLI so quickly). If we can supply ore to their yet to be published grand plan and do it during a period of escalating price pressure, it would look like genius! And should be considerably profitable.
- Forums
- ASX - By Stock
- DLI
- Ann: Delta acquires LCT Mineral Rights at the Lyons River Project
Ann: Delta acquires LCT Mineral Rights at the Lyons River Project, page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DLI (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.0¢ |
Change
-0.020(10.5%) |
Mkt cap ! $121.2M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 15.0¢ | $269.4K | 1.510M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 67695 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 65489 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 67695 | 0.170 |
3 | 165500 | 0.165 |
2 | 103125 | 0.160 |
3 | 46924 | 0.150 |
1 | 50000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 65489 | 1 |
0.180 | 66745 | 2 |
0.185 | 16216 | 1 |
0.200 | 123593 | 5 |
0.205 | 42435 | 3 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
Featured News
DLI (ASX) Chart |