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3.57%

2.9¢ morella corporation limited

This post is endorsed by J Brown, Ipswich.If only the...

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Yowie21

4,376 Posts.

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31/07/24

20:05

Post #: 75013677
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Originally posted by Rupfel: ↑

Read this.
Shorter permitting time
Pat Donelly on board with DLE.
Agreement by all that Nevada is the Hot spot for Li in the U.S.
https://www.reviewjournal.com/news/...W8*MTcyMjQwNjUyNC40LjEuMTcyMjQwNjUyNS4wLjAuMA..

What's next?
Results from the drilling to calculate size and volume
Higher Li prices.
I read that the CEO CATL see Li prices stabilizing in their recent earnings report, a good sign.
Oil companies are becoming more interested in Li and DLE.
The negative side is, apart from Tesla, carmakers in the U.S. are behind the game.
The positive is both Tesla and Panasonic are in Nevada.
I understand your emotions, it is across the sector.
I am still curious as to why a consolidation now.
The BOD know this would have a negative effect on shareholders and price.
I feel there is another reason other than preparing for a cap raise which is usually the reason for consolidation.

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This post is endorsed by J Brown, Ipswich.

If only the corporations act required a company to disclose why it wants to consolidate capital, oh wait.

1MC Price at posting: 4.1¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 2.9¢		Change 0.001(3.57%)		Mkt cap ! $8.789M

Open	High	Low	Value	Volume
2.8¢	3.0¢	2.8¢	$15.20K	507.1K

Buyers (Bids)

No.	Vol.	Price($)
2	137528	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	311	2

View Market Depth

No.	Vol.	Price($)
2	137528	0.029
6	142984	0.028
1	35000	0.025
2	251708	0.023
1	61938	0.022

Price($)	Vol.	No.
0.030	311	2
0.031	523991	8
0.032	38813	2
0.033	8100	2
0.034	269773	1

Last trade - 14.14pm 13/11/2024 (20 minute delay)

1MC (ASX) Chart