INR 4.35% 24.0¢ ioneer ltd

External News & Commentary, page-1768

  1. 124 Posts.
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    Bernard presented this last week and re-confirms that a resource upgrade announcement will be released in the next two weeks. I understood that the current resource in the DFS does not yet include the north basin or the south basin extension but interestingly the existing resource also excludes some sedimentary layers in the south basin (Layers B5 and L6 in the image above are included, layers M5 and S5 are yet to be included). Bernard describes these as “containing significant quantities of lithium”. Could be a buying opportunity here with an imminent resource upgrade and a share price reduced by macro events.

 
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