Am impressed by the very through and low cost approach that AM7 employs on development of its Namibian battery metal projects. The current Lithium claypan JORC resource at Bitterwasser is at a very early stage of its growth path. Auger drilling to depths of around 10 meters on the mineralized claypans is very low cost. IMHO the next JORC up date will put LCE resources at around 500,000 metric tonnes(from two claypans), with JORC upgrade due in the June quarter. So we can guesstimate that JORC should exceed / approach 1.0MT over the balance of calendar 2023, as the third and fourth?? claypans are drilled out. This does not take into account the exploratory drilling that is imminent on the brines below the claypans (already underway?). IMHO this has global scale potential.
Am impressed by the very through and low cost approach that AM7...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.286M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93466 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 1780 | 1 |
View Market Depth
| Last trade - 16.21pm 01/08/2025 (20 minute delay) ? |
| AM7 (ASX) Chart |
Day chart unavailable