Hi All
This is where the Big $ is going to come from in my opinion.
Very hard to not get excited about the prospectivity for large accumulations of Lithium here at M.H on a major scale.
I zoomed up the image below, look at the size of RR1's Morrisey Project which contain the Leake Spring Metaphoric, 9km.
This is highly significant to note I believe.
Same geology setting as that of our friends in Delta's.
DLI are sitting on and defining a monster, with at the moment circa 2km of defined strike which is a growing all the time.
Should RR1 define a couple K's of strong Li strike we are going places.
I note MI6 going to new highs today who are our neighbours with the same Leake Spring Mets.
Directors here know what they are sitting on. So let's see how it plays out.
Will one of the big players come knocking ( probably already have ) ?
I hope they drill this as soon as, as this looks prime prime ground.
As for Mk Cap, it could well go to around MI6 levels and should be a lot higher on current known knowns.
The Share price although in the micro cents, is very tradable/buyable in between the spread, so it can climb up fine and has done.
$30m mk cap currently, might be able to add a zero onto that sometime soon if the company can deliver on all that prospectivity.
No advice, just thoughts.
DeToro
- Forums
- ASX - By Stock
- RR1
- Ann: High Grade Lithium Results at Yinnetharra
Ann: High Grade Lithium Results at Yinnetharra, page-41
-
- There are more pages in this discussion • 165 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 RR1 (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.618M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $3.522K | 318.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1800000 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 5910 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1800000 | 0.010 |
7 | 1564327 | 0.009 |
7 | 2007450 | 0.008 |
9 | 1809278 | 0.007 |
4 | 1800000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 5910 | 1 |
0.012 | 317693 | 2 |
0.013 | 412385 | 2 |
0.014 | 639209 | 5 |
0.015 | 143399 | 2 |
Last trade - 14.08pm 14/08/2024 (20 minute delay) ? |
Featured News
RR1 (ASX) Chart |