IMO tongues are wagging. There must be a reason why everyone's looking into INR suddenly.
A host of tongue wagging over the last week is having a positive effect on the share price with a valuation mentioning 45c presently.
Below is a quick news search which took me much longer to cut and set here than it did to discover.
Here's some commentary about INR ownership, comparisons & sentimental ranking in relation to other companies, some bullish sentiment in Lithium sector, current Lithium carbonate price, some confidence in other ways.
When tongues get wagging more wag to investigate why.
Some of this is digging as well as basic research.
New York Times
23/10/2019
https://www.nytimes.com/reuters/2019/10/22/business/21reuters-rio-tinto-plc-california.html
- gave good exposure & comparison to RIO in final sentence
They Cant fault INR at present in this article
21/10/2019
https://www.livewiremarkets.com/wires/the-asx-stocks-to-benefit-from-the-battery-minerals-rebound
- INR listed under this quote: "High quality, world class assets are always the safest way for investors to play commodity markets".
- The Company has openly stated it is in partnering discussions with off-takers and/or industry players, and we think any of these, if finalised, could lead to a much higher share price.
- Lithium is also on the US Government’s critical commodities list.
This theme is a key driver for another of our preferred exposures, being Nevada lithium-boron project developer Ioneer Limited (INR).
The Author likes INR for Ownership reasons
18/10/2019
https://**.st/stocks/au/materials/asx-inr/ioneer-shares/news/do-directors-own-ioneer-ltd-asxinr-shares/
-- Re: Inside & other categories of Company ownership. Good balanced considerations.
Noram warming up again? Hence, added investors & speculators
17/10/2019
https://www.noramventures.com/news/2019/noram-prepares-phase-iv-drill-program-on-zeus-property-clayton-valley-to-expand-resource-and-closes-financing/
- Noram management notes that the pilot plant studies for other Nevada lithium clay deposits are advancing well at Thacker Pass (Lithium Americas Corp.) and at Rhyolite Ridge (Ioneer Ltd.).
- Noram Ventures Inc. is a Canadian based junior exploration company, with a goal of developing lithium deposits and becoming a low - cost supplier.
Add stories as you find them - (there's more).
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Mkt cap ! $315.5M |
Open | High | Low | Value | Volume |
13.0¢ | 13.5¢ | 13.0¢ | $80.93K | 607.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 228128 | 13.0¢ |
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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3 | 151359 | 0.130 |
7 | 344607 | 0.125 |
20 | 1028334 | 0.120 |
16 | 877752 | 0.115 |
14 | 824521 | 0.110 |
Price($) | Vol. | No. |
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0.135 | 350108 | 3 |
0.140 | 521658 | 8 |
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