the good thing is that the cash is enough for them to make a decent go of it, and near WR1, which bodes well for regional hub development.
They need to be careful enough, to hit fertile area, like WR1 Adina did. Adinas first holes done by MTC were just ordinary. And luckily CE was able to identify Jamar, and the good times rolled on.
The market has decimated lithium exploration stocks, zero speculative value. Some are priced at the value they were before the acquisitions into the sector, others at shell value.
The difference here, is having the cash to do something, and they need to find something to put tangible point of difference for them.
As a WR1 holder, i am keen for them to show success in the neighborhood. And you never know what deals are done if both are successful.
the good thing is that the cash is enough for them to make a...
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $40.62M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $54.85K | 262.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43369 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 42969 | 3 |
View Market Depth
| Last trade - 15.43pm 31/05/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.005 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 21.5¢ | 21.5¢ | 20.5¢ | 262873 | ||
| Last updated 14.59pm 31/05/2024 ? | |||||
| MTC (ASX) Chart |