Asx rdt

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Asx rdt

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James Mickleboro With lithium prices rebounding to their highest levels since December last week, some investors appear to believe that the worst could now be over. This led to a number of ASX lithium shares ending last week with strong gains. If you missed out on those gains, don't worry. That's because Bell Potter is tipping a small cap AS James Mickleboro The lithium industry has been having a very tough time of late.

Red Dirt Metals Limited, together with its subsidiaries, explores for, evaluates, and develops gold and other metals primarily in Western Australia. As path to profitability is the topic on Red Dirt Metals' investors mind, we've decided to gauge market sentiment. See our latest analysis for Red Dirt Metals. Therefore, the company is expected to breakeven roughly 12 months from now or less. We calculated the rate at which the company must grow to meet the consensus forecasts predicting breakeven within 12 months. Should the business grow at a slower rate, it will become profitable at a later date than expected.

Asx rdt

Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. Red Dirt this morning provided an update on its Mt Ida Project area. The Aussie lithium miner announced multiple high-grade lithium results from historic drilling and surface rock chips. Thick drill hole intercepts and rock chips with high-grade lithium assays were identified over a 5-kilometre strike extent on the western limb of the Copperfield Granite on the site. Among the results reported was TIC with 24 metres at 1.

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We look forward to helping you build a market beating stock portfolio. Email is required. Visit DLI. Start Free Trial. Sign up. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. No thanks. Never miss an update from Delta Lithium. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement in respect of Australian products or Investment Statement in respect of New Zealand products before making any decision to invest. If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.