Rather surprised as the SP has fully retreated back to pre RIO 15-20% stake which at the very least derisk's Kasiya's development significantly and at best - well so many possibilities. Kasiya ticks so many boxes with rapid approvals anticipated and rapid development of 2 key economic minerals - oxides.
Could it be manufactured - to pick off shares at a low premium prior to upcoming PFS release which added to the RIO investment - expertise would combine to an outstanding 3 months of progress and releases (obviously PFS has been in works for considerable time and expenditure).
Or is it just the global market sentiment particularly many minerals on back of China slow progress - well slow they say when their own countries could only dream of 4.5 - 5% annual growth.
Upside could be that hopefully sp stays lower for longer and I'll be positioned to load up more. BWTAH.
Ann: Rio to Invest $40.4m to Become a 15% Strategic Investor, page-54
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Last
59.5¢ |
Change
0.015(2.59%) |
Mkt cap ! $334.9M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 59.5¢ | 56.5¢ | $132.2K | 227.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1632 | 58.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 49837 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
59.5¢ |
Change
0.015 ( 2.59 %) |
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| Open | High | Low | Volume | ||
| 58.0¢ | 59.5¢ | 56.0¢ | 41345 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SVM (ASX) Chart |