Definitely investor support is there. Waiting for permit. Smelters and end users discussions (from last interview)
MP was always the big hurdle. Peter Hume has always said there is plenty of interest in project. But need permit.
Even was interest before permit with bid at 3.5 cents! Rejected as too low.
So arguably, with MP stock is worth at least 5 cents. If a few players have been waiting for MP, deals could start very soon and the stock could go a lot higher?
Short term though, traders will sell for less? Not realizing how significant MP is. Doubt long termers will sell though. Why wait all this time and sell for nothing.
Ann: Trading Halt, page-17
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Last
1.3¢ |
Change
0.002(18.2%) |
Mkt cap ! $31.56M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.3¢ | 1.1¢ | $12.70K | 1.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105171 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1116161 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| CLA (ASX) Chart |