Nothing new. We have discussed this before but as a reminder, if drilling results at Lida Valley come back as hoped, which is not that far away, CAD will seek to leverage the growing demand for lithium in bringing its projects one step closer to production, via defining commercial lithium resources.
Furthermore, let's not forget the acquisition of the Scotty South and Columbus Marsh projects.
With CAD’s projects being geographically located in-between Tesla’s Gigafactory and Faraday Future’s future production plant, CAD holds prime lithium real estate should a commercial resource be available for extraction within its project locations.
If the lithium boom continues, CAD could become very, very hot property.
Re: good news on the way
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0.2¢ |
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Mkt cap ! $12.39M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $11.45K | 5.725M |
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| No. | Vol. | Price($) |
|---|---|---|
| 16 | 29026055 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 76087953 | 79 |
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| Last trade - 11.04am 23/07/2024 (20 minute delay) ? |
| MTL (ASX) Chart |