RAS is so much closer to the port of Darwin so the cost to mine is going to be so much cheaper. Also staff labour and retention at being so close to Darwin.
CXO would definitely be interested in picking up a bargain as they have some big supply contracts for lithium to companies like Tesla. In fact they can not get enough lithium at the moment. It looks like there is quite a bit of gold as a bonus.
Anyone getting on board is quite lucky as the market cap is so low.
You can tell from the momentum on the market cap and SP that it has massive potential on both the Alaskan tenament and the tenament very close to the capital city of NT, Darwin.
CXO to buy RAS - Tick Tock., page-107
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Last
2.1¢ |
Change
0.002(10.5%) |
Mkt cap ! $2.995M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $2.248K | 111.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31328 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 12138 | 1 |
View Market Depth
| Last trade - 13.52pm 14/05/2024 (20 minute delay) ? |
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Last
2.0¢ |
Change
0.002 ( 5.26 %) |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.0¢ | 2.0¢ | 27250 | ||
| Last updated 10.44am 14/05/2024 ? | |||||
| RAS (ASX) Chart |