What has happened in Chile is an absolute game changer imo.
Global production estimates for lithium raw materials have now gone out the window as what developer in their right mind is going to mine there?
Any talk of a surplus in the foreseeable future is just that......talk!
Those shorting lit stocks will be frantically reassessing their positions and however they look at it,it points to one thematic,demand will out strip supply.
CXO couldn't be in a better place to take full advantage of this situation and with production ramping to nameplate as we speak,i think any unallocated spod has just become extremely desirable( and lucrative for us)Those selling now may well wish they hadn't. GLTA
Banter and general comments, page-25627
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Last
9.2¢ |
Change
-0.001(1.08%) |
Mkt cap ! $198.7M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.5¢ | 9.2¢ | $664.8K | 7.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1511168 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 200000 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |