Exciting times indeed
Key Points:Smart Money Set: Strategic investments are positioning before the drilling campaign begins in March.Fully Funded: $4 million in the bank, with today's funding announcement at a 7% premium.First Mover Advantage: Leading the charge in Timor-Leste.High-Grade Manganese: Rich manganese deposits found at the surface.Government Relationships: Strong ties and partnership with the Timor-Leste government.Shareholder Strength: WMA Holdings FZCO, the biggest exporter of manganese, is our largest shareholder.Asia Road Show: management is currently on a promotional tour in Asia.Dedicated Management: Extremely hardworking management team.Shift to Manganese for Lithium-Ion Batteries**:Manganese is becoming a preferred choice over nickel and cobalt for several reasons:1. Cost-Effectiveness: Manganese is more abundant and less expensive than nickel and cobalt.2. Environmental Impact: Manganese mining has a lower environmental footprint compared to cobalt mining, which is often associated with unethical practices.3. Performance: Recent advancements show manganese-based cathodes offer comparable, if not superior, performance in battery life and stability.
Price target before drilling commences in March 4.5c to 5c
Price target after drilling concludes
Who knows.
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Exciting times indeedKey Points:Smart Money Set: Strategic...
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Last
3.1¢ |
Change
0.003(10.7%) |
Mkt cap ! $68.11M |
Open | High | Low | Value | Volume |
3.0¢ | 3.1¢ | 2.9¢ | $158.0K | 5.267M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 104498 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.1¢ | 20971 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 104498 | 0.030 |
1 | 449053 | 0.029 |
5 | 543713 | 0.028 |
3 | 840000 | 0.027 |
6 | 3000000 | 0.026 |
Price($) | Vol. | No. |
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0.031 | 20971 | 1 |
0.032 | 1021750 | 2 |
0.033 | 500000 | 2 |
0.034 | 2000000 | 2 |
0.035 | 723126 | 6 |
Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
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