Unfortunately I couldn't attend but I do agree, questions on hole 2 would have been top of agenda for most investors. Not that he would have been able to divulge anything which hasn't already been released to market.
I do believe we will see some more pain leading up to any announcement. We know where the drill was yesterday, and we can all guess how long it may take to drill the rest. The longer the announcement takes the more jitters nervous nellies get. Seen this plenty of times and it works a treat for some. Watching the trading activity today was interesting. There was a very large order that kept stacking up on sell side, followed by a fall in sp, disappearance of said sell order and finally a buy up with chunky orders at lower prices.
I still can't find decent rationale for there not being lithium in the current hole. We know there is brine as per the pic in release, lithium bearing brines should be sitting lower.
As far as I am aware there is no geological barriers between holes 1 and 2.
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.50M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $379.8K | 3.078M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 1548832 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 2531953 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.115 |
7 | 472031 | 0.110 |
11 | 947628 | 0.105 |
25 | 1490999 | 0.100 |
2 | 20000 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 1573785 | 9 |
0.130 | 254710 | 7 |
0.135 | 293280 | 3 |
0.140 | 225541 | 3 |
0.145 | 344396 | 6 |
Last trade - 12.14pm 28/11/2024 (20 minute delay) ? |
GLN (ASX) Chart |