IMO, it went downhill after the Lei MRE possibly because investors were hoping for a larger MRE. Coupled with the downturn in lithium at the time where there were better options with other more advanced explorers/developers. We will need some good hits once drilling starts and possibly offtakes with CATL for Lei to get back to that mid 30c-60c range. I'm hoping they drill that second pegmatite for Lei to see if Lei MRE can be increased but this might come after the feasibility studies and some agreements/offtake with CATL? IMO, DYOR
IMO, it went downhill after the Lei MRE possibly because...
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $15.94M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $1.255K | 10.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 39018 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 17833 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| LPM (ASX) Chart |