The market seems to have lost interest at present, probably due to a downturn in the mining sector which has affected our SP in the process - it's proving to be a slow burn as Mike said from the beginning!
The recent Diggers and Dealers mining forum shed some light on the current state of affairs affecting mining investment -
"Miners call for more Government support as Diggers and Dealers have a rough time in the battery metals sector"
"The calling cry from the sector is often around red tape and approvals, with the best thing Government can do being ‘getting out of the way’."
"China’s control of prices in rare earths, lithium, nickel and other specialty metals key to defence and the future of energy security are leading to increasing calls for government intervention to support the mining industry, in a reversion of the typical approach of miners to the regulation of the sector."
GLTAH
.
IPT Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)