If you don't know what you are doing, our management though know what they are doing and have been involved in the region before.
in this case Yahua is a major player and already has an agreement to supply Tesla's China battery plant - no tears here for shareholders except happy ones.
Yahua by the way is most likely buying the Lithium to supply Tesla for their China battery plant as mentioned.
I am certain as well that Yahua would now via our Austrian projects have leverage to get another deal and supply Tesla's German battery plant.
That would mean the Lithium is still being sent to Europe, however it is just being supplied by a Chinese company. If the EU governments wanted to they can easy block any Lithium from being shipped outside the EU by stating it is a strategic resource.
Now on the price, how are we even still below 0.10?
Gosh at this rate we may be having revenues of billions and perhaps still be trading at $100 million only.
Though we should see a steady rise and hopefully settle around $0.20 by end of next week I believe.
If EFE's trade was anything to go by we should be at 0.30 by early next week and over 0.40 by mid month.
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Mkt cap ! $5.585M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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3 | 5637053 | 0.4¢ |
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Price($) | Vol. | No. |
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0.5¢ | 3910255 | 15 |
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3 | 5637053 | 0.004 |
21 | 12809999 | 0.003 |
9 | 10194963 | 0.002 |
6 | 14268004 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3910255 | 15 |
0.006 | 6397399 | 9 |
0.007 | 7970714 | 10 |
0.008 | 1840643 | 6 |
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