i view this period as exceptional buying on developer stocks which have low operating costs and fast path to production (LRS) or producers with solid deposits. CXO and SYA I wouldn’t touch and think both only got as pumped as they did because there were so few viable lithium stocks in 2021 that ppl had to buy them.
Craziest thing I’ve seen in the last month or two is that GL1 has the strongest share price performance of any Li stock over the period yet it’s the Li stock with the highest forecast costs ((AISC $1,300/T). Try and make sense of that.
LRS General Discussion, page-15412
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $574.2M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.5¢ | $4.885M | 24.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 313356 | 4 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |