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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 31/01/18

1 year TSR5 year TSR
117thAruma Resources123%-18%
383rdJindalee Resources11%-3%
572ndCapricorn Metals-20%9%
744thMarindi Metals-50%-17%
753rdCradle Resources-52%-8%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/02/18
$118k Issued
01/02/18
$48k Issued
01/02/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

155th↑Jindalee Resources$369k
156th↓Aruma Resources$360k
157th↑Marindi Metals$357k
158th↑Cradle Resources$349k
159th↓Capricorn Metals$344k
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Marindi Metals

1496thJohn Hutton$29k
Ranked by total remuneration from all listed WA companies

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