Appreciate your query here for some feedback.
I think we are getting near to the top where it has the 2 options
1) Sell to Miner
2) Speculators leave / Orphan period.
I believe there will nearly always be variations on this theme - for example there are 2 separate areas being drilled and appraised currently.
So the graph is more a line of "best fit" rather than an accurate depiction of both projects timelines.
KV is first cab off the rank, with BD 8-12 months behind.
KV being higher strip ratio with varying but good grades coupled with seemingly a low level of impurity.
In this market atmosphere - KV could go for as low as $200M to $400M if the PFS is followed by more drilling results showing >100Mt (which is quite possible).
BD quite a bit closer to surface and has a potential long length of deposit which could be valued higher than KV but it is too early to say atm.
The initial BD results look like grade is >=1.3% Li on average so if a decision to mine was made this would have a lower OPEX on a potentially lower strip ratio = more profit, particularly >2022/3 when spod should rebound with increasing demand.
All IMO
SK60
Appreciate your query here for some feedback.I think we are...
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Mkt cap ! $2.970B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.22 | $7.836M | 6.333M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39539 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 12600 | 3 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Change
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| $1.25 | $1.26 | $1.22 | 2016924 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
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