Princey
that's why some may call us a speculative stock however I have been in since around 1.7 cents and this has been continually de risked. Company has now stated that they can do 99.6-99.8 % LCE at a commercial rate.... so I am surprised at where we sit with SP BUT I assume that many waiting in the wings to see how they get this to a 15000 PTA and what they are going to have to give up to get the money.
Even at worst worst case scenario, they have funds for stage 2 plant and ponds, ie 2000 tonnes PA - giving them approx. 12million a year in profit. So they can increase ponds and plant at incremental stages if need be but that has never been their goal. They want to bypass stage 2 and go straight into a stage 3 plant
General Comments & Banter, page-8067
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Last
4.2¢ |
Change
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Mkt cap ! $61.14M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 2 | 2026489 | 4.2¢ |
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| 4.4¢ | 193027 | 2 |
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