I think the problem is 1.02% is okay, but isnt great these days, the market would really want to see 1.3% plus imo, at 0.4% cut off they are only 0.03% away from being under 1% which the market really would not have liked.
Looks like a decent deposit but if they can continue to grow it in tonnage and grade. Would just need to prove it out more imo. Lower lithium prices arent really helping either.
Ann: Globally significant MRE of 59MT at Adina Lithium Project, page-53
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Last
$1.25 |
Change
-0.040(3.10%) |
Mkt cap ! $238.4M | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.23 | $988.6K | 791.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15999 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$1.25 |
Change
-0.040 ( 1.88 %) |
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| Open | High | Low | Volume | ||
| $1.28 | $1.28 | $1.23 | 155569 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| WR1 (ASX) Chart |