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)
(20min delay)