Core's nearby BP33 deposit is currently being developed into an underground mine. It has a 10.5Mt resource @1.5% Li.
The boxcut and civil works contracts have been awarded but no news on the underground mining contract (as of Sept qtrly). Maybe DVP wins that contract and gets a team up in the NT to be a future JV partner with ASX:LPM. It seems like the geology could suit underground mining and be perfect for the DVP team. I don't see DVP swooping up all of LPM because it is really tightly held with 80% of SOI owned by the top 20 holders. Also CATL one of the world's largest battery makers owns circa 10% which could help fast track development. I wonder what DVP's ownership stake of LPM will be.
Who else bought some LPM today?
DVP - LPM, page-8
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Last
$2.32 |
Change
-0.080(3.33%) |
Mkt cap ! $618.1M | |||
| Open | High | Low | Value | Volume |
| $2.42 | $2.46 | $2.30 | $871.8K | 369.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9385 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 408 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| DVP (ASX) Chart |