Do the work on Tsingshan.
They started trial mining at Weda Bay June of last year with minority partners Eramet and Antam. They had plans to build a smelter to produce matte as an intermediate product for battery grade nickel. Those plans were scrapped in October (five months ago) when they withdrew a proposal for deep-sea tailings storage.
Just a few weeks later, news emerged that Antam, a 10% minority partner, was seeking funding to buy most, if not all, of Tsingshan's stake in Weda Bay.
Put it together... this 1 year deal that TsingSHAM announced in an informal WeChat post (unconfirmed by both Huayou and CNGR) is complete BULLSH*T!
Just 5 months ago they had no tailings solution for their smelter... then promptly tried to sell their stake in the project... and here we're supposed to believe they've found a miracle solution for battery grade nickel bottleneck??
How dumb is everyone to eat this up?!
- Forums
- ASX - By Stock
- Trading day running commentary
Do the work on Tsingshan.They started trial mining at Weda Bay...
-
-
- There are more pages in this discussion • 4,072 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 CTM (ASX) to my watchlist
|
|||||
Last
33.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $163.7M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2911 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2911 | 0.340 |
5 | 68828 | 0.335 |
6 | 57965 | 0.330 |
4 | 26500 | 0.325 |
4 | 23468 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.365 | 19999 | 1 |
0.370 | 969 | 1 |
0.380 | 8399 | 1 |
0.385 | 30000 | 1 |
0.390 | 50000 | 1 |
Last trade - 09.48am 26/07/2024 (20 minute delay) ? |
Featured News
CTM (ASX) Chart |
Day chart unavailable