this news is no news. Hole #1 done and dusted now.
not the best marketing team selling news... like that ex-MD from LKE.
a timely release of announcements and LEL should be on the rise. $2.70 is definitely next acc level.
in the interim, savvy holders will make most of these bargain levels. And probably same for next 3 weeks at least. Don't know what they can bring on graphite project. Just a rig engaged.
I wish these management were more aggressive and show all the cards. Not all the TEM results were presented. My take is they hide poor data rather than keeping good data in their sleeves. However, as I mentioned a few times. There should be enough brine on next couple of holes (and this one) to justify a plant. I would dare to say 1Mtn on these first 3 holes once done. Once this is disclosed it will be rerating time.
not many salars left available with sufficient brine on such quality to allow evaporation ponds at the lowest cost quartile. It will be targeted by Chinese in a matter of seconds once confirmed.
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Open | High | Low | Value | Volume |
38.5¢ | 42.0¢ | 38.5¢ | $86.63K | 217.5K |
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2 | 21452 | 0.400 |
2 | 5597 | 0.385 |
2 | 100000 | 0.380 |
1 | 50000 | 0.370 |
Price($) | Vol. | No. |
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0.435 | 2270 | 1 |
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