Ann: Trading Halt, page-116

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kevin103

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13/02/25

19:00

Post #: 77847203
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Originally posted by GARETH78: ↑

I think GLN has the option to go to stage 1.5 which could give income from an asset in the lowest quartile of the cost curve and could be achieved with their cash if a merger.

I have my doubts LLL will approach WR1, as it would struggle to get SH approval, given how risk averse many holders will be.

LLL is actually not looking as big a disaster for holders now given the sector has tanked, especially for the holders who’s shares were from the FFX distribution given FFX SP was pretty low for a lot of the time leading into the demerger. Many want their cash out.

Unfortunately the Li price looks like it could be in the doldrums for a lot longer and there is plenty of supply sitting on the sidelines. Not convinced we will see a big improvement in the next 6 months.

This has the potential for Renard to be a significant burden. Yes Its cheap if it can be put to use.

There is elements of LRS here with too much cash flowing out when conservation should have been the priority. The FTS requirements a possible cause.

Lets see what Monday brings.

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Put renard to use requires Roads.

Roads are only being planned and will be many many years away imo

WR1 Price at posting: 42.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 12.8¢		Change -0.003(1.92%)		Mkt cap ! $31.09M

Open	High	Low	Value	Volume
13.0¢	13.0¢	12.5¢	$40.52K	311.7K

Buyers (Bids)

No.	Vol.	Price($)
10	210281	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	183733	5

View Market Depth

No.	Vol.	Price($)
10	210342	0.125
7	143673	0.120
8	133016	0.115
5	29799	0.110
8	365149	0.105

Price($)	Vol.	No.
0.130	183733	5
0.135	64135	5
0.140	163141	4
0.145	83000	1
0.150	81666	2

Last trade - 12.52pm 30/06/2025 (20 minute delay)

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