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Ann: Potential For Phosphate Mineralisation at Frewena, page-35

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grubarura

12,285 Posts.

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26/11/22

07:50

Post #: 65001076
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Originally posted by the_contrarian: ↑

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/

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So essentially AEV have most of the high grade portion

there are 5 more High Grade potential zones outside AEV but in Inca tenements

ICG Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
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Ann: Potential For Phosphate Mineralisation at Frewena, page-35

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Ann: Potential For Phosphate Mineralisation at Frewena, page-35

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