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.
- Forums
- ASX - By Stock
- AM7
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AM7 (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.0¢ |
Change
-0.003(4.11%) |
Mkt cap ! $7.634M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 7.0¢ | $9.808K | 140.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 113216 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.065 |
2 | 205841 | 0.060 |
1 | 140000 | 0.059 |
1 | 20000 | 0.050 |
1 | 22222 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 113216 | 1 |
0.070 | 139892 | 1 |
0.099 | 2000 | 1 |
0.100 | 75000 | 1 |
0.000 | 0 | 0 |
Last trade - 09.59am 09/05/2024 (20 minute delay) ? |
Featured News
AM7 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online