Since that post, lithium prices have continued to crash and modestly rebound. TG6 has fallen back to barely above EV.
A new development today is Min Res doing a land grab for 86sqm of tenement, buying the Poseidon Nickel plant to the North and intending to convert it into a lithium processing hub. The timeline for that could be comparatively quick because a lot of the difficult consents may already be inplace. This is likely to increase the interest in Lake Johnston tenements, but a long drill intercept or following that JORC resource in the area would certainly help.
E25 - Lake Johnston, page-23
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Last
32.5¢ |
Change
-0.015(4.41%) |
Mkt cap ! $70.69M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 37.0¢ | 29.5¢ | $584.0K | 1.791M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 14999 | 1 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
-0.015 ( 5.83 %) |
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| Open | High | Low | Volume | ||
| 35.5¢ | 36.5¢ | 30.0¢ | 299219 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| E25 (ASX) Chart |