Spot on - there's a few people here who have been holding a fair while. First got onto the radar around mid 2018 so this price action has been a long time coming. For those who are new it's what we've been waiting for:
Key milestone 1: Financing
Funds required (I can't remember exactly) $70m
To get this rolling they needed security for investors through contracts/agreements with two major buyers who have agreed to purchase up to 70% of the yield.
Tassie government has now jumped in and offered up the initial $10m.
Next milestone: Secure the rest of funding, then the mine can start to operate/supply.
Overlay the global need for strategic metals not provided by China and this is a pretty good investment even for those coming in a bit later. I have topped up again at 22c.
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Mkt cap ! $27.10M |
Open | High | Low | Value | Volume |
2.9¢ | 3.0¢ | 2.7¢ | $6.167K | 215.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 82037 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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3.1¢ | 92000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82037 | 0.027 |
1 | 40000 | 0.026 |
9 | 816509 | 0.025 |
5 | 1146413 | 0.024 |
4 | 127792 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 92000 | 2 |
0.032 | 35714 | 1 |
0.033 | 146871 | 2 |
0.034 | 55000 | 2 |
0.036 | 85000 | 2 |
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