MinRes do still own ~18%
plenty of cash to keep progressing studies without a capital raising
brokers expectation of a MRE in 2 weeks of ~ 70 mt at grades over 1.1% and stripping ratio for first 5 years of only ~5 to 1.
encouraging metallurgy results with 5.5% Li concentrate with 79-84% recovery and/or 6% concentrate on ~77% recovery
20 year plus mine life
on a granted ML …
once de~risked a bit further surely a serious player will come for this, just as Pilbara went for Latin Resources
chart set up nicely now (I buy on GREEN and sell on RED)
Very oversold … now watch for volume break above 31, page-143
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35.0¢ |
Change
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Mkt cap ! $430.1M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 33.5¢ | $2.012M | 5.779M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 199050 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 5496 | 1 |
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