I feel your frustration
@Crisis77
Are people waking up in the morning and finding lithium under their beds or something?
If it is of any consolation CXO isn't the only one feeling it...another sea of red today.
Below is a list of 20 Li co's, and what their SP has done since hitting their 2018 high's (of the 20 co's, 17 of them had their highs in January):
Look away
@Brumbie 
|
Column 1 |
Column 2 |
Column 3 |
Column 4 |
Column 5 |
Column 6 |
| 1 |
|
|
|
2018 |
|
|
| 2 |
|
Year high date |
Year high SP |
Price at Aug 31st |
+/- ($) |
+/- (%) |
| 3 |
MIN[/B] |
5/01/2018 |
$ 22.01 |
$ 15.18 |
-$ 6.830 |
-31.03% |
| 4 |
PLL |
3/01/2018 |
$ 0.225 |
$ 0.155 |
-$ 0.070 |
-31.11% |
| 5 |
PLS |
10/01/2018 |
$ 1.22 |
$ 0.805 |
-$ 0.415 |
-34.02% |
| 6 |
NMT |
9/01/2018 |
$ 0.47 |
$ 0.295 |
-$ 0.175 |
-37.23% |
| 7 |
GSC |
19/03/2018 |
$ 0.52 |
$ 0.325 |
-$ 0.195 |
-37.50% |
| 8 |
GXY |
10/01/2018 |
$ 4.46 |
$ 2.73 |
-$ 1.73 |
-38.79% |
| 9 |
ORE |
29/01/2018 |
$ 7.28 |
$ 4.25 |
-$ 3.030 |
-41.62% |
| 10 |
LTR |
8/01/2018 |
$ 0.055 |
$ 0.032 |
-$ 0.023 |
-41.82% |
| 11 |
TAW |
16/01/2018 |
$ 0.56 |
$ 0.325 |
-$ 0.235 |
-41.96% |
| 12 |
AJM |
9/01/2018 |
$ 0.50 |
$ 0.265 |
-$ 0.23 |
-46.46% |
| 13 |
CXO |
5/01/2018 |
$ 0.09 |
$ 0.046 |
-$ 0.044 |
-48.89% |
| 14 |
LIT[/B] |
5/01/2018 |
$ 0.21 |
$ 0.10 |
-$ 0.110 |
-52.38% |
| 15 |
EMH |
3/01/2018 |
$ 0.72 |
$ 0.33 |
-$ 0.390 |
-54.17% |
| 16 |
KDR |
23/05/2018 |
$ 2.43 |
$ 1.10 |
-$ 1.33 |
-54.73% |
| 17 |
PSC |
2/02/2018 |
$ 0.071 |
$ 0.028 |
-$ 0.043 |
-60.56% |
| 18 |
BGS |
4/01/2018 |
$ 0.81 |
$ 0.30 |
-$ 0.51 |
-62.96% |
| 19 |
LPD |
15/01/2018 |
$ 0.079 |
$ 0.025 |
-$ 0.054 |
-68.35% |
| 20 |
AVZ |
15/01/2018 |
$ 0.365 |
$ 0.11 |
-$ 0.255 |
-69.86% |
| 21 |
SYA |
11/01/2018 |
$ 0.115 |
$ 0.034 |
-$ 0.081 |
-70.43% |
| 22 |
4CE |
15/01/2018 |
$ 0.15 |
$0.026 |
-$ 0.124 |
-82.67% |
As you can see, CXO is mid-pack...coming in at 11th place. I'm also a holder in those coming in at 18th, 19th, and 20th
The majority of these co's have experienced over 7 months of SP decline so far...when will it end?
Metal bulletin reported last week that prices from producers in Qinghai may have hit the bottom.
I have some data showing a company producing from Hunan Salt Lake to seemingly be undercutting everyone re lithium carbonate prices. Will be happy when their lake freezes over too.
Bring on the production and sales season of the Chinese domestic lithium battery market!
While we are at it, bring on BP33 assays, Grants exploration update, Sandras exploration update, other regional exploration update & binding offtake agreement with Shandong
IMO
GLTAH
(20min delay)