“as a shareholder are you more interested in the Antimony now rather than the Gold?”
HM good morning. I will take whatever is on the ground. For sx2 that I keep referring, they’d drill for 5 years and their target Sb is only 66k-88kt. So they have no choice, they’d have to content themselves with more gold and relatively less antimony. It shows the scarcity of Sb, gold on the other hand has infinitely higher addressable market. Interesting times, the number of companies marketing themselves as antimony company is increasing and can lead to more resource definition. But It takes years of greenfield exploration to define a Sb resource that WA8 achieved in 6 months due to existing drills.
with regard to brokers selling, it’s not unexpected. They’re playing a different game, they’re paid monthly commissions, they create volatility, and book any profit they can. This is where mum and dads can really beat them. You may have known a few successful explorers where many retail have made a tonne of money beating the brokers at their own game. The game here is the drill bit, the resource that’s been defined that the big boys are trying to get cheap. Hello Nova Scotia bank.
NS didn’t start buying until 3 weeks after the lrv released its PFS. Still they bought at snail pace. And beaten by retail. So funds and instos will take weeks to digest an Ann’s. For us who can make a decision without red tape, board meetings or time consuming resolutions, we can simply push the button if we see what weee looking for.
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- Ann: Ricciardo Delivers Australia's Largest Open-Pit Sb Resource
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warriedar resources limited
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Ann: Ricciardo Delivers Australia's Largest Open-Pit Sb Resource, page-244
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Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $147.2M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 12.0¢ | $789.0K | 6.379M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 457000 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 468506 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 457000 | 0.125 |
7 | 2179984 | 0.120 |
23 | 3170198 | 0.115 |
15 | 1534585 | 0.110 |
18 | 3659638 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 468506 | 1 |
0.135 | 1230842 | 6 |
0.140 | 1139282 | 6 |
0.145 | 965310 | 7 |
0.150 | 1109499 | 7 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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