ODE 0.00% 0.4¢ odessa minerals limited

Disagree the announcements are all fluff. Yes no drilling has...

  1. 2,182 Posts.
    lightbulb Created with Sketch. 197
    Disagree the announcements are all fluff. Yes no drilling has been done since relisting but they've done the legwork and managed to do that without spending bucketloads needing to raise and excessively dilute from raising in awful markets. Where would the SP be if they did a drill program last year that wasn't on prime drill targets and came up with average, even good results? Would have had to raise at awful prices.

    Lithium and REE prices appear to have bottomed, with REE in particularly performing well the last few weeks. Lithium spod prices have had daily increases since the end of the Chinese new year.

    Getting drills in the ground now is the perfect timing in the broader macro environment. Yes management have to actually deliver on this but with all the groundwork done on Lockier Range and Lyndon (excluding Uranium targeting) there's no excuses/reason this can't happen shortly. Without needing to raise H1 it will re rate nicely with drilling imminent.
 
watchlist Created with Sketch. Add ODE (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $4.173M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $9.986K 2.496M

Buyers (Bids)

No. Vol. Price($)
28 18932127 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 4292219 5
View Market Depth
Last trade - 15.46pm 14/05/2024 (20 minute delay) ?
Last
0.4¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
0.4¢ 0.4¢ 0.4¢ 1000000
Last updated 12.46pm 14/05/2024 ?
ODE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.