1MC 0.00% 0.3¢ morella corporation limited

Hi Sabine - on a different forum!I don't follow AJM closely, but...

  1. 3,373 Posts.
    lightbulb Created with Sketch. 902
    Hi Sabine - on a different forum!

    I don't follow AJM closely, but read the qrtly and have skimmed the comments above. I may have this wrong, however, it seems to me that AJM were reporting recovery at 65% for the June 19 qrt with a 1.1% LiO2 ore and reported that recoveries peaked at 70%. I thought this was very impressive at the time (especially as others were/are struggling so much with recovery).

    However, last qrt they didn't report recovery ... then this qrt AJM states that recovery has "improved" to 63% from 1.21% ore ... up from 58% in the previous qrt. Given how they were going 6 months ago with lower grade ore and their DFS targets, that looks disappointing to me. Leaving the numbers out of the last qrtly doesn't impress me either.

    So just a heads up, leave it to you to investigate further if you wish. Please let me know if I've read things wrongly.

    Cheers, Simon
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $18.53M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $8.908K 2.969M

Buyers (Bids)

No. Vol. Price($)
60 37279840 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 36169991 80
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
0.4¢
  Change
0.000 ( 16.7 %)
Open High Low Volume
0.3¢ 0.4¢ 0.3¢ 265000
Last updated 14.07pm 10/05/2024 ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.