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2.13%

4.8¢ od6 metals limited

The neighbours have already shown this to be a non issue, with...

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da10bagger

794 Posts.

38

02/12/22

16:22

Post #: 65123450
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Originally posted by kickit2me: ↑

Hi @PennyP

Apologies, that post was a dig at the poster who said it was a good investment originally but not after recent assays - when pursued what had changed he suggested "the geology". Which in my view hasn't changed one bit since the CSIRO data.

Very respectful of your research here. I noted when I "discovered" this stock and started posting you were already here and fully researched.

The return on our investments here now rests pretty much with the metallurgy. I think the rest; eg grades, volumes, access, etc etc are all proving to be sound.

With a metallurgist as MD, five different small explorers in the region, ANSTO, the $$$ value, the world shortage ... I'm backing that an economical way will be found to mine this resource. And when it has been, there are MASSIVE volumes of the ore here to mine.

I assume that part of the current process is cherry-picking the best spots to give the best opening economics. As the mining progresses and revenue builds up they can then mine areas with lower margins. Of course who knows what the value of REs will be in 5 years?

So to me the risk is metallurgy: The reward is large.

...

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The neighbours have already shown this to be a non issue, with VG recoveries.

Dig a little deeper.

OD6 Price at posting: 46.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.8¢		Change 0.001(2.13%)		Mkt cap ! $3.852M

Open	High	Low	Value	Volume
4.6¢	4.9¢	4.5¢	$8.075K	169.6K

Buyers (Bids)

No.	Vol.	Price($)
1	99976	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.4¢	9900	1

View Market Depth

No.	Vol.	Price($)
1	99976	0.048
1	200000	0.045
2	56457	0.042
1	25000	0.041
1	75000	0.040

Price($)	Vol.	No.
0.054	9900	1
0.057	2000	1
0.058	8600	1
0.062	163236	2
0.065	51931	2

Last trade - 15.32pm 20/06/2024 (20 minute delay)

OD6 (ASX) Chart

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