QX Resources stock price soared 50% to MC of A$30M yesterday on results from Clayton Valley drill hole (into brines). By comparison QX Clayton Valley is 2x Sydney Harbor, AM7 is 6x Sydney Harbor.
AM7 already has Inferred JORC of claypan lithium of 287,000t @ 633 ppm at Eden (from 1 of 14 claypan targets). Recent drilling supplied 600kg sample for leach trials by MetalTek of South Africa using new and innovative leach technology. Eden sits on surface and is about 10m deep in clay. So extraction costs will be very low. Results from MetalTek coming next month.
QX Resources Brine target extends for 4,000m between two holes. AM7 extends for over 40,000m over 6 holes and confirms a continuous brine deposit across entire structure. AM7 EV is NIL for Bitterwasser (including clay pans). Massive undervaluation in a bear market for lithium.
QX Resources stock price soared 50% to MC of A$30M yesterday on...
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Last
7.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.961M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 881 | 1 |
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| Last trade - 16.12pm 26/04/2024 (20 minute delay) ? |
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