I love the comment from OBM management that the lithium occurrences at Mt Ida have been historical categorised as ‘predominantly’ lepidolite.
That was a description probably given by a geologist logging core or in some field notes.
In today’s world, where is the JORC compliant evidence for this new important gem of information?
It seems to me a reckless statement in 2021 without giving us any evidence of past metallurgical study and/or assaying (or even a quick XRF analysis).
As pointed out on other forums, all the other well know lithium deposits have suites of mineralisation that will include more/less of some lepidolite.
One minute OBM suggests Mt Ida lithium value questionable, as mineralisation most likely uneconomic because it’s predominantly lepidolite … and then the next minute they say, but HOLD ON … as we may have lots more of this nice white stuff that we have never bothered to properly analyse before.
My broker is betting pretty heavily now that a new high grade lithium province may emerge from that geological trend south of Mt Ida … and OBM may just get caught up in it purely by ars.. and certainly not by any class!
- Forums
- ASX - By Stock
- Talk about ars.. covering
I love the comment from OBM management that the lithium...
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OBM (ASX) to my watchlist
(20min delay)
|
|||||
Last
60.0¢ |
Change
0.025(4.35%) |
Mkt cap ! $1.117B |
Open | High | Low | Value | Volume |
57.0¢ | 60.0¢ | 57.0¢ | $2.212M | 3.780M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 133923 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 140278 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 133923 | 0.590 |
2 | 133042 | 0.585 |
3 | 56883 | 0.580 |
1 | 90000 | 0.575 |
4 | 226738 | 0.570 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 140278 | 7 |
0.605 | 87589 | 2 |
0.610 | 146222 | 6 |
0.615 | 114951 | 4 |
0.620 | 10215 | 7 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
OBM (ASX) Chart |