Ok. So what! What does that mean in the scheme of things for the SP? Are miners reliant on the spot price for their product or on a predetermined contracted price? How does the cost of production play into the equation? If the share market is a forward looking mechanism what does it see in relation to the production of products that need Li?
My post this morning suggests that Li spot price has less to with what has happened to the SYA SP than other factors.
General Discussion Topics, page-116516
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Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $360.2M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.7¢ | 3.4¢ | $8.754M | 249.3M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 4706070 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |