IPT is a completely different company since March this year when the Lake Hope project was announced. It is now an emerging low cost producer of a Critical metal. Since March this year it has gone up 70%, most of the mining sector has come off over the last month.
A Scoping Study is due shortly, which will show potential production of 10,000 tonnes pa, which is worth $350-400aud million pa. It will be potentially one of the lowest cost producers in the world of HPA and will have a mine life of several decades.
HPA demand is estimated to grow 20%pa, 5 kg is required for each electric car battery.
Ann: Revised Terms for the Sale of a 75% Interest in Commonwealth, page-12
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1.3¢ |
Change
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Mkt cap ! $38.24M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $8.56K | 664.6K |
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| No. | Vol. | Price($) |
|---|---|---|
| 23 | 10993570 | 1.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1600000 | 2 |
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