Great time to accumulate right now. Unlike many other peers Ioneer has awesome fundamentals with a de-risked strategy. We should be at a 3B MC by 2025 with ease.
- Rising Demand for Lithium: With the growing demand for electric vehicles and renewable energy storage, the demand for lithium, Ioneer's primary resource, is expected to rise significantly, making it a potentially profitable investment.
- Strategic Location: Ioneer's Rhyolite Ridge project in Nevada, USA, places it in a strategic location close to potential end-users of lithium in the American automotive and renewable energy sectors. This helps to reduce transportation costs and enhances supply chain efficiency.
- Massive Lithium Resource: Ioneer has substantially increased its Rhyolite Ridge South Basin mineral resource, which now contains 3.4 Mt of lithium carbonate equivalent. This significant resource expansion demonstrates its capacity to meet growing demand.
- Potential for Resource Expansion: Approximately 60% of the South Basin remains unexplored. If more resources are discovered in the area, this could further increase the value of the company.
- Partnerships with Battery Producers: Ioneer's recent partnership with Dragonfly Energy Holdings Corp, a leading player in energy storage, will help boost investment in local lithium production, strengthening US battery supply chains.
- Robust Financial Backing: With binding offtakes in place and nearly US$1.2 billion in debt & equity commitments, Ioneer has a solid financial backing to support its operations and development plans.
- Government Support: The company is aligned with Nevada's strategic vision for domestic lithium production and the local recycling of lithium, which is important in developing sustainable battery supply chains. This alignment with government policy could provide Ioneer with additional support and potential incentives.
- Industry Experience: The company is led by a seasoned management team with significant experience in the mining industry, which bodes well for the strategic growth of the company.
- Vertical Integration Potential: The recent agreement with Dragonfly Energy takes Ioneer closer to a vertically integrated lithium battery cycle, from mining to cell and pack production to recycling, reducing dependence on external suppliers and improving profitability.
- Strong Shareholder Base: A strong shareholder base, including substantial insider ownership, indicates confidence in the company's prospects and provides stability for the company's stock.
DYOR and GLTAH
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Last
28.0¢ |
Change
-0.010(3.45%) |
Mkt cap ! $654.6M |
Open | High | Low | Value | Volume |
29.0¢ | 29.0¢ | 27.5¢ | $2.149M | 7.611M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 29330 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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28.5¢ | 228558 | 6 |
View Market Depth
No. | Vol. | Price($) |
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5 | 162707 | 0.275 |
7 | 242274 | 0.270 |
5 | 262735 | 0.265 |
10 | 420117 | 0.260 |
2 | 100980 | 0.255 |
Price($) | Vol. | No. |
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0.285 | 100000 | 1 |
0.290 | 304139 | 4 |
0.295 | 165000 | 2 |
0.300 | 281122 | 9 |
0.305 | 219408 | 6 |
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