TYX 10.0% 0.9¢ tyranna resources limited

A quick Google search as Im new to this stock and Lithium "A...

  1. 42 Posts.
    lightbulb Created with Sketch. 6
    A quick Google search as Im new to this stock and Lithium

    "A typical run of mine ore can contain 1-2% Li2O, while a typical spodumene concentrate suitable for lithium carbonate production contains 6-7% Li2O (75% - 87% spodumene). Higher grade concentrates with 7.6% Li2O and low iron content are used in ceramics and more demanding industries."

    These seem to be the best intersects in the holes drilled so far (from the latest release)-

    MRC04 12 26 14 5%-15% spodumene; unaltered, unweathered
    MRC04 39 42 3 5%-15% spodumene; unaltered, unweathered
    MRC04 50 52 2 1%-5% spodumene; unaltered, unweathered
    MRC04 70 105 35 10%-20% spodumene; unaltered, unweathered

    My questions

    1. I guess the Spodumene needs to be tested in the lab to get the grades for the Li20?
    2. For lithium carbonate production contains 6-7% Li2O (75% - 87% spodumene). The above shows the highest % found in these drill holes is 10 - 20%, is this any cause for concern?

    Cheers
 
watchlist Created with Sketch. Add TYX (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
-0.001(10.0%)
Mkt cap ! $29.59M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $18.31K 1.831M

Buyers (Bids)

No. Vol. Price($)
12 8344032 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 300000 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
1.0¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.0¢ 1.0¢ 1.0¢ 2622004
Last updated 15.35pm 10/05/2024 ?
TYX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.