Yes every deposit has NSI but 36% is just extremely high. Never seen anywhere near that proportion.
I wanted to make sure I was not missing anything and my analysis tells me I sure ain’t. Mis- pricing of stocks especially mining stocks is very common and WC8 clearly falls into that category - just look at CHN, RTR, etc.
You can wear your rose coloured glasses by ignoring facts. I analysis lots of stocks and compare them as it allows one to understand whether the SP is over valuing or under valuing a company - I that for a variety of different commodities.
I notice you did not answer my question of any Australian lithium stocks with operating mines or being developed of have a SS or FS with a grade below 1%. I am not aware of any but happy to be proven wrong. Bald Hill has 1% and that is the lowest I am aware of - look at its poor record.
I saw a post last year of an investor who brought a mining stocks to see it soar to a level that he/she was $5m and then lost it all as the SP went right down to a loss for the investor.
AZS is a quality deposit with a grade according to BP that will be 1.35% (their estimate not mine) which is 50% higher than WC8 and a size that will be multiple times WC8 in a tiny tenement. Chalk and cheese - they are very different quality.
- Forums
- ASX - By Stock
- Ann: TABBA TABBA DELIVERS 119.2m at 1.0% Li2O from LEIA
Yes every deposit has NSI but 36% is just extremely high. Never...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WC8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $603.2M |
Open | High | Low | Value | Volume |
49.0¢ | 50.3¢ | 47.5¢ | $1.209M | 2.478M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 13943 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.495 |
2 | 20000 | 0.490 |
2 | 678 | 0.480 |
3 | 21315 | 0.475 |
2 | 5209 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 8377 | 1 |
0.520 | 4001 | 3 |
0.530 | 3853 | 2 |
0.535 | 31090 | 2 |
0.540 | 11500 | 2 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
Last
50.0¢ |
  |
Change
0.010 ( 2.04 %) |
|||
Open | High | Low | Volume | ||
48.5¢ | 50.5¢ | 47.5¢ | 747742 | ||
Last updated 15.59pm 24/05/2024 ? |
Featured News
WC8 (ASX) Chart |