Australia's largest stock trading and investment forum Australia's #1 stock forum

AM7

Click for more information

0.00%

7.3¢ arcadia minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5

First 5 Last

Share
Profile

Follow
sydneysider

4,747 Posts.

1005

02/02/24

10:26

Post #: 72199841
Share

Originally posted by Quasar: ↑

The market needs to understand that clays are more economically viable than hard rock or brine, but may not until the closet producers like Norem, Authium, Albermarle in Nevada start producing from them.
I think the lithium in clay and the sheer size of the resource is the winner here. Although here the conc. Isn't as high as the others, and will require more throughput and expense, however the labor cost will be less than the US. Looking forward to more on the economics of this resource.
We will understand shortly about the brines and if most of the lithium has been trapped in the clays or not, but I suspect the former. Will be interesting to see results.

Expand

the claypan cover at Bitterwasser is massive, the EM anomaly is 42km x 9km and the claypan areas extend significantly beyond the EM signal. That is multi billions of tonnes of potential lithium clays. Eden is already at 350,000t of LCE and is 1 of 14 targeted pans.

AM7 Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

First 5 Last

Add AM7 (ASX) to my watchlist

(20min delay)
Last 7.3¢		Change 0.000(0.00%)		Mkt cap ! $7.960M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	140108	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	140000	1

View Market Depth

No.	Vol.	Price($)
1	140108	0.070
1	100000	0.065
1	20000	0.050
1	22222	0.045
1	1000000	0.020

Price($)	Vol.	No.
0.068	140000	1
0.070	140000	1
0.000	0	0
0.000	0	0
0.000	0	0

Last trade - 09.58am 09/05/2024 (20 minute delay)

AM7 (ASX) Chart

Day chart unavailable

SPONSORED BY