Australia's largest stock trading and investment forum Australia's #1 stock forum

ITM

Click for more information

0.00%

7.3¢ itech minerals ltd

ITM Megathread, page-956

First 956 Last

Share
Profile

Follow
JabraD

15,516 Posts.

1283

08/02/24

20:39

Post #: 72312378
Share

Originally posted by Josho737: ↑

The good thing about this co, is they actually stay focussed on task at hand with the graphite and are quietly working under the radar with the REEs, they could have gone for a sp quickfix by acquiring a Uranium project like a few other tickers or chase lithium for the next lithium wave like many small cap gold/copper explorers have done, but would only drag things out longer and won't be better of longterm imo.

There are far too many tickers with lithium interest on the ASX and while Uranium is loved by the investor community, many of those stocks will have trouble getting approval to mine uranium due to health and environmental risks, with uranium mining illegal in most Aussie states and the aboriginal communities are mostly against it, making it a more dangerous commodity to longterm hold in hope of seeing production I believe.

Best for ITM to stick with the hated commodity and graphite has never seen the same level of interest as lithium with only SYR, RNU, NVX and TLG reaching 500m+ at some point.

The cashburn is also pretty slow here, the last CR was at the backend of 2022, at this rate it doesn't look like they are getting highly diluted.

Expand

that I 100% agree with

ITM Price at posting: 9.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 130 more messages in this thread...

First 956 Last

Add ITM (ASX) to my watchlist

(20min delay)
Last 7.3¢		Change 0.000(0.00%)		Mkt cap ! $12.46M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	7000	7.3¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	45188	1

View Market Depth

No.	Vol.	Price($)
1	7000	0.073
2	85220	0.072
1	100000	0.071
4	176000	0.070
2	200000	0.069

Price($)	Vol.	No.
0.075	45188	1
0.076	52339	2
0.077	30000	1
0.078	47945	1
0.079	220000	2

Last trade - 11.18am 04/10/2024 (20 minute delay)

ITM (ASX) Chart

Day chart unavailable