Banks will not lend to us, similar to how they would not lend to any australian Li hopefuls.
The process undertaken here is just refining an already well understood flowsheat. You would not be able to patent the processes used as none of them are new. They are playing around with grain size (less crushing less cost), temperature (less energy) and acid requirements (minor cost contribition). Seems like they achieved a result they were happy with and could have used in SS, but some further testing has shown there is scope to drastically reduce the opex used in the SS and potentially some Capex. I am happy to wait 8-12 weeks for a better SS. Management would have understood what the delay would do to the SP and felt this was the best move.
Short term pain for long term gain.
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Banks will not lend to us, similar to how they would not lend to...
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $30.85M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $32.65K | 2.845M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 5259000 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 3032467 | 7 |
View Market Depth
No. | Vol. | Price($) |
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15 | 5259000 | 0.010 |
13 | 3232930 | 0.009 |
6 | 1556074 | 0.008 |
3 | 1088560 | 0.007 |
3 | 1240000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 3032467 | 7 |
0.013 | 6042853 | 11 |
0.014 | 1626600 | 5 |
0.015 | 9200000 | 6 |
0.016 | 1582994 | 4 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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