I'm guessing you're new to investing! Micro cap companies make big 'annoucements' all the time, it generates interest and pushes up share prices and there are no consequences when the announced plans never progress.
No details on cost, timing or financing. I'd guess $500m - 1b, where does the $ come from?
Spodumene Prices, page-2633
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Last
$3.02 |
Change
0.020(0.67%) |
Mkt cap ! $9.090B | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.11 | $3.02 | $53.15M | 17.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 354453 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 102908 | 2 |
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