A number of things .
Convertible financing . Pretty close to the financing of last resort and the incentives are for the financier to sell down before conversion .
There is no shortage of lithium in the world so assays of lithium deposits are unlikely to move the needle .
It's not evident whether LIT's process is cheaper than Posco's . All we have is unverified claims .
Constant ramping by management .
I sold out at 16c and might buy back in but only when see concrete plans for a project and details of how it will be funded and timescales .
What's holding this stock back?, page-4
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LIT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $26.04M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 2.0¢ | $33.61K | 1.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 4519213 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 1737944 | 4 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| LIT (ASX) Chart |