I like it that they've been commercially quite savvy ... it kinda goes like this.
Yes we can take several pathways to production of a battery grade lithium product....Therefore.
- Not hedging their bets and thus appealing to a wider portfolio of potential offtakes/MOU agreements
- Showing the market their an agile business because their production methodology enables it. (Not like bonds which limits innovation.
- Currently purposefully understating the importance of the other (more $valuable) minerals because of lithium hype. IMO 3 years time Lithium will be #3 or even further down the list of profit generating product.
- Writing their quarterly update more like a consulting firm than a mining exploration company!! Yes they would/may have had help with this but proficient quarterly updates big investors love because its a message of the level of business acumen in the company, which de-risks the investment in their eyes.
I'm not sure we're doing ourselves many favours repeating historic results of wells for lithium PPM. It sets us up for a potential fall from grace IMO...it hasn't worked previously and it's the process after extraction that saved the day. 500 pm to 1700 ppm etc.... We don't need anything like that to have a commercially viable business so why bother setting us up for a "potential" let down?
200-250 ppm + and im a happy investor. ..
SMDM
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
I like it that they've been commercially quite savvy ... it...
-
-
- There are more pages in this discussion • 4 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 ASN (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.4¢ |
Change
0.001(0.79%) |
Mkt cap ! $113.7M |
Open | High | Low | Value | Volume |
6.3¢ | 6.4¢ | 6.1¢ | $92.32K | 1.484M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 88102 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 32557 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 78748 | 0.090 |
2 | 65436 | 0.089 |
4 | 302344 | 0.088 |
4 | 322102 | 0.087 |
3 | 371806 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 21430 | 2 |
0.095 | 12600 | 1 |
0.096 | 98635 | 5 |
0.097 | 89032 | 3 |
0.098 | 145000 | 1 |
Last trade - 12.31pm 04/12/2024 (20 minute delay) ? |
Featured News
ASN (ASX) Chart |