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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 30/11/18

1 year TSR5 year TSR
402ndStrike Resources-15%2%
576thPeak Resources-41%-17%
616thNeometals-47%47%
683rdMarindi Metals-57%-14%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/11/18
$16k Bought
03/11/18
$9k Bought
30/10/18
$43k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

147th↑Marindi Metals$625k
148th↑Peak Resources$579k
149th↑Strike Resources$570k
151st↑Capital Mining$550k
152nd↓Neometals$544k
509 listed resources companies ranked by revenue.
Source: Morningstar

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