The bottom line is getting the ISL* to run. First the leaching then the adsorption followed by the precipitation.
They screwed the pooch last time. Prove it works and you get those SP's. I'm up for the second (current) go many will be extremely charry including because of the way they have raised capital, possibly surplus, to deal with the prior FU.
I went back at looked at why they attributed the alkaline leach to not work properly. It's a very complex tenuous geological argument. I've studied some geoscience and I find it just that tenuous. Still,l the testwork says it should run and I'm a metallurgist. Would I give them credit before they prove it No!
I mean people are comparing it to BOE. BOE got credit via SP for getting theirs to run. Their SP also got trashed for no real reason except management decided to take some profits. That they've now got Matt Dusci on board is good enough for me on that one although I didn't run for the hills on no evidence like others.
What's worse is the market (perception) is always right WRT the SP.
All IMVHO
* I want to say mine but the pluckers don't move any dirt.
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The bottom line is getting the ISL* to run. First the leaching...
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Last
9.4¢ |
Change
-0.001(1.05%) |
Mkt cap ! $299.5M |
Open | High | Low | Value | Volume |
9.3¢ | 9.5¢ | 9.1¢ | $744.5K | 7.959M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 42501 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 251092 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 42501 | 0.093 |
2 | 262500 | 0.092 |
9 | 992521 | 0.091 |
15 | 2628185 | 0.090 |
6 | 2989970 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 251092 | 2 |
0.096 | 293088 | 2 |
0.097 | 192684 | 2 |
0.098 | 392600 | 6 |
0.099 | 1343450 | 8 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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