@Eddard.Stark
I am not sure if GXY is doing the write moves atm. They did a very good one by selling their brine assets SDV in Argentina to Posco as I believe brine assets will not worth that much from now on (because of a lots of reasons) in comparison to hard rock spodumene.
I already told that main reason on the thread I started before; "What makes Australian hard rock resources so important" and tried to explain it there.
The main reason is "Not all lithium is equal"
Producing battery grade lithium is not easy either.
I will explain all the reasons on a post later on.
"why GXY chose to get behind then. Yes their bald hill deposit is tiny, but it appears that they own 'cowan' tenements that surround bald hill have pretty good exploration targets."
I don't know mate. I wouldn't buy any part of A40 just because A40 has a very low grade ore of 0.96% Li2O because the ore grade is the starting point for me.
AJM's grade is not much different than A40. It's 1.01%
Even PLS has got a lot of problems until they learn how to fix the problems of concentrate output even though they use high quality machines and has a very good process design.
Regarding to the exploration on their tenements; I don't know that either. There are a lot of lithium explorers who hold a lots of tenements. They all wish to find lithium. But is it so easy to find economical deposits? I don't think so.
- Forums
- ASX - By Stock
- Buldania Project discussion
@Eddard.StarkI am not sure if GXY is doing the write moves atm....
- There are more pages in this discussion • 670 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 LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.17 |
Change
0.030(2.63%) |
Mkt cap ! $2.835B |
Open | High | Low | Value | Volume |
$1.20 | $1.21 | $1.17 | $17.10M | 14.43M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 75508 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 267260 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75508 | 1.170 |
4 | 163590 | 1.165 |
10 | 383859 | 1.160 |
4 | 168539 | 1.155 |
11 | 128146 | 1.150 |
Price($) | Vol. | No. |
---|---|---|
1.175 | 70109 | 2 |
1.180 | 28041 | 1 |
1.185 | 174726 | 9 |
1.190 | 50540 | 1 |
1.195 | 58578 | 2 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
|
|||||
Last
$1.17 |
  |
Change
0.030 ( 3.05 %) |
|||
Open | High | Low | Volume | ||
$1.20 | $1.21 | $1.17 | 2884594 | ||
Last updated 15.59pm 28/03/2024 ? |
Featured News
LTR (ASX) Chart |
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online