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Delta Lithium Limited (ASX:DLI)

ALERT: Price-sensitive ASX Announcement for DLI
Current share price for DLI : $0.155 -0.06 (-27.91%)+
Announcement
Release
2 Apr 2026 2:36PM
Price at Release
$0.215
Full Release
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Summary
Delta Lithium Limited (ASX: DLI) is an exploration and development company with a focus on lithium-bearing pegmatite deposits in Western Australia. Recently, a media article published an in-ground valuation claim of $93 billion for the Rubidium at their Mt Ida project, which the company has disendorsed. Delta stated that this valuation breaches the JORC code guidance, specifically clause 51, which prohibits reporting such valuations. They cautioned investors against relying on the article for making investment decisions due to this issue. Delta has requested to lift a trading halt in its securities, an action approved by the company's Managing Director.
Key Points
  • Delta Lithium Limited focuses on lithium-bearing pegmatite deposits in Western Australia.
  • The company has JORC compliant resources of 36.5Mt@1.0% Li2O.
  • Delta Lithium disendorses a $93B valuation reported in a media article.
  • Providing in-ground valuations breaches JORC code guidance clause 51.
  • Investors are cautioned against relying on the valuation from the media article.
  • Delta requested lifting a trading halt in its securities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.