"I do like your take on the situation and it is possible but it only describes the sell off and not the new announcement."
The new announcement in my book outlines the future of what CAD wants to do after all three lithium deposit's are drilled. IMHO and haven't read to much into it cause I have to go to work soon. But being 50% owned, does this decrease drill costs by 50%? If it does this would be of benefit to shareholders in the future, for less dilution after CR and Consolidation. While you are right on Cobalt, Copper and Nickel are used in batteries and they may be bargaining on increase in price in the future of these two metals IMHO. I think it's a no brainer, unless of course we spend another $million on drilling the other tenements in Nevada.
I think people are over thinking this, worried because they have well put their life savings into this and are not thinking rationally. Yes it may fail, but can one person on this thread positively show evidence, before results are released, that their is no lithium and results are bad? No. RMX is in Utah, that is like saying well there is no lithium in Tasmania, so there wont be any lithium in Western Australia. But I am certain that if it does fail, myself and a few others will get the blame for other peoples investment decisions. If it succeeds, well i'm sure they will congratulate themselves. cheers
- Forums
- ASX - By Stock
- Ann: Exploration Update - Pardoo Nickel Project
"I do like your take on the situation and it is possible but it...
-
-
- There are more pages in this discussion • 36 more messages 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 MTL (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.59M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.2¢ | $4.271K | 1.743M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 16732467 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 60261763 | 62 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 16732467 | 0.002 |
76 | 409285734 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 60261763 | 62 |
0.004 | 55663315 | 36 |
0.005 | 32480445 | 19 |
0.006 | 27023548 | 10 |
0.007 | 6071009 | 3 |
Last trade - 15.49pm 10/07/2024 (20 minute delay) ? |
Featured News
MTL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online