ACM australian critical minerals limited

seems to be a bit of spec about what the results mean. If we use...

  1. 964 Posts.
    lightbulb Created with Sketch. 594
    seems to be a bit of spec about what the results mean. If we use the YouTube clip and the drill stem report in the last announcement as proxy, you can see that the resource is embedded in granite rock rather than clays (mostly). there are some sections of clay in the upper stem but sub commercial in my view. mostly though, this is a granitic resource and cannot be commercially extracted at these concentrations. It's a good start to prove that the resource exits, albeit too poorly concentrated. I suspect that the better resource is in the highly magnetic sections to the East of these current works as there is a significant elongated hotspot over a few km strike in the bush that way. This would be my target for RC drilling. you could spend another 300k on it to clock up the 2000m needed for the earn in on that bit and then make the decision...
 
Add to My Watchlist
What is My Watchlist?
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)
Last
5.7¢
Change
0.004(7.55%)
Mkt cap ! $2.623M
Open High Low Value Volume
5.3¢ 5.7¢ 5.3¢ $13.89K 245.1K

Buyers (Bids)

No. Vol. Price($)
1 3456 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 1480 1
View Market Depth
Last trade - 15.53pm 30/06/2025 (20 minute delay) ?
ACM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.