Thanks Ladytradr for this response, I had forgotten about Westfarmers purchase of tenements for Lithium exploration. Hope the agreement didn’t have caveats around spot price for Lithium which is in the toilet right now.
Specific to cash, Sand Kings decline is at the bottom of open pit so OBM should be hitting ore soon after the shovels go in, 4-6 months only of decline development I’ve read.
Certainly and again medium to long term on OBM, the issue right now for share price is that the shares are tightly held - not much coming on market and few transactions taking place. Happy to take dividends in the coming years with free cash low looking positive - 100% UG ore and $200m carry forward tax losses.
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Thanks Ladytradr for this response, I had forgotten about...
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $603.3M |
Open | High | Low | Value | Volume |
33.0¢ | 33.5¢ | 32.5¢ | $58.06K | 175.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 47683 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 253616 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 44028 | 0.325 |
10 | 405350 | 0.320 |
3 | 32110 | 0.315 |
6 | 151550 | 0.310 |
5 | 130499 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 9233 | 5 |
0.335 | 286656 | 14 |
0.340 | 1136893 | 12 |
0.345 | 335241 | 11 |
0.350 | 325119 | 19 |
Last trade - 10.53am 31/05/2024 (20 minute delay) ? |
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Last
33.0¢ |
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Change
0.000 ( 1.41 %) |
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Open | High | Low | Volume | ||
33.0¢ | 33.0¢ | 33.0¢ | 69283 | ||
Last updated 11.01am 31/05/2024 ? |
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OBM (ASX) Chart |
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INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin & Ramón Jiménez Serrano, Managing Director & Executive Director
Ryan Parkin & Ramón Jiménez Serrano
Managing Director & Executive Director
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