ANX 17.0% 4.4¢ anax metals limited

its been a while since I bought a spec miner at @5c that had the...

  1. 1,174 Posts.
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    its been a while since I bought a spec miner at @5c that had the potential to be 20+ bagger in time, the last one being Bellevue Gold as its now called, that certainly has helped boost my retirement funds. This has a lot more uncertainty, since I basically “knew” the old Bellevue mine had missed the main orebody , whereas I know much less about lithium pegmatites, spondamine and the practical nuances of lithium extraction. But at such a low mkt cap, such a vast area of prospectivity only previously searched for copper probably without the benefit of modern satellite Imagery, the inevitable growth in demand for lithium for the foreseeable future, and the fallback position of profitable copper ore treatment assuming funding is forthcoming - all seems a compelling case for tucking a few away and just see what happens. Plus one of the shrewdest option traders has taken a decent swag. At this MC, it’s essentially a long dated option.
 
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Last
4.4¢
Change
-0.009(17.0%)
Mkt cap ! $26.01M
Open High Low Value Volume
5.4¢ 5.4¢ 4.1¢ $529.6K 11.54M

Buyers (Bids)

No. Vol. Price($)
1 238000 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 446121 2
View Market Depth
Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
4.5¢
  Change
-0.009 ( 13.5 %)
Open High Low Volume
5.4¢ 5.4¢ 4.1¢ 6216710
Last updated 15.56pm 21/05/2024 ?
ANX (ASX) Chart
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