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Lithium has garnered significant interest from investors in the past couple of years thanks to a large projected increase in demand for the commodity, which is used in batteries.

Marindi raises $3.2m for lithium exploration

Lithium exploration at Forrestania, north of Ravensthorpe, will be a priority for Marindi Metals after the company completed a capital raising worth nearly $3.2 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
221stMarindi Metals50%12%
260thCassini Resources38%-7%
338thAspire Mining22%-15%
456thEuropa Metals0%-41%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

03/07/18
$0 Issued
03/07/18
$0 Issued
03/07/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

157th↑Marindi Metals$357k
192nd↑Cassini Resources$200k
193rd↑Dynasty Resources$190k
195th↓Europa Metals$185k
196th↑Aspire Mining$181k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Marindi Metals

1384thJohn Hutton$29k
Ranked by total remuneration from all listed WA companies

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