ICG inca minerals limited
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Not quite correct as the 2BT resource is across that whole...

  1. the_contrarian
    4,571 Posts.
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    25/11/22
    19:15
    Post #: 64997237
    Not quite correct as the 2BT resource is across that whole northern area including AEV's Wonarah and Arruwarra deposits. So essentially AEV have most of the high grade portion and NCM picked up a fair bit, but no reason why ICG can't be a nearology play for now. Phosphate will be hot in 2023 so I wouldn't mind seeing a JV down the track to amalgamate that resource and tip it over 1BT.

    https://hotcopper.com.au/threads/tesla-to-use-lithium-iron-phosphate-batteries.6376974/page-36?post_id=57126243
    https://hotcopper.com.au/threads/ann-application-for-quotation-of-securities-aev.6658499/page-29?post_id=60419895

    The 4 companies that hold parts of that 2BT are AEV, ICG, MDI and NCM.

    https://hotcopper.com.au/threads/ann-application-for-quotation-of-securities-aev.6658499/page-64?post_id=60463971

    And if you're wondering why the switch to phosphate, then read this thread:
    https://hotcopper.com.au/threads/lfp-battery-phosphate-news.6577772/

    Last edited by the_contrarian: 25/11/22
    ICG Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
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