I like these balanced views open discussion
I see the down side in @Gwaihir and upside in @4shadow
@Gwaihir - could they have gain finance in a different way and quicker rather then do a jv. I would rather not do a jv with any jhinese entity as they are controlled by the party. Yes limits the upside.
But for a small miner like INR - the faster it can generate revenue the better - then they can use the fund to buy other smaller miners with potential.
@4shadow - i like it that you have check the board background.
I like the jv cos it shows that another entity had to do their checking and assess its worth the risk to fund this mine.
I just understand that the market does not like delays and needs everything to be produce now rather than 12 months later.
Even 6 months til production is still too much. jhina may start a war and who knows what will happen in 12 months.
I hold a few lithium mining stock and i have notice different degree in volatility.
All the explorers got knocked around
I like a balance discussion like these - unlike other threads i have been on.
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Mkt cap ! $482.5M |
Open | High | Low | Value | Volume |
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30 | 758719 | 0.200 |
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8 | 463625 | 0.185 |
Price($) | Vol. | No. |
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0.215 | 201200 | 17 |
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0.225 | 109449 | 6 |
0.230 | 548717 | 4 |
Last trade - 14.15pm 28/05/2024 (20 minute delay) ? |
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