Spot on eltski so well said. The met results were critical in telling the market yes they can be leached and that was a massive vote of confidence in project. If ANSTO had come out and said we used HCl and we achieved only 30/50% recoveries then I would have sold everything and moved on. They achieved 70% plus and we shareholders' of mrd and Od6 should be jumping for joy and celebrate that a major hurdle has been breached but no the downrampers come on in here and start the red herrings about acid type , price's, consumption etc etc etc etc etc. Od6 has 55 million shares on issue , is a spec and a long way to go to production but it has potentially billions of tons of REE oxides in WA right next door to Lynas processing plant , infrastructure, potential cheap renewable power, skilled workforce and a brilliant MD in Brett Hazelden. Find some negatives if you want and don't buy but potentially you will miss a share price rise from 30 to $3 dollars over the next year or so. If China ban REE magnet exports in retaliation to USA/Japanese chip technology bans all REE stock prices on ASX will go parabolic. With only 55 million shares on issue imagine what would happen to Od6 share price. You will need to be holding for that day and all news wire reports are reporting it is very much happening.
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4.1¢ |
Change
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Mkt cap ! $5.276M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.1¢ | $1.104K | 26.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 26759 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.036 |
3 | 631453 | 0.035 |
1 | 15656 | 0.032 |
2 | 49666 | 0.030 |
1 | 34310 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 26759 | 2 |
0.045 | 49734 | 1 |
0.050 | 45599 | 1 |
0.062 | 161290 | 1 |
0.066 | 51000 | 1 |
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