DLI 0.00% 23.5¢ delta lithium limited

Ann: Quarterly Activities Report, page-8

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  1. 9,018 Posts.
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    Last year when Li was higher, remember Develop paid close to $300m for PIO 11mt Li deposit at Pioneer Dome. We $100m is cash so our resources are only valued at just over $100m. We are cheap but retail appears to avoiding anything that CE or Gina have got a foot hold in. After today announcement I am pretty positive that we will crack well 60mt at Yinni, if not more. Global outlook pretty shitty though, interest rates might not move down at all this year,
    Companies folding at record rates and mortgage stress is high.
 
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