fear mongering is real on the GLN threat
Galan has never been in a better condition. The only reason we are down is the lack of transparency in LI prices. China should not control the spot price. This commodity should be traded in USD on the NYSE. A lot would change.
My sources tell me, China is artificially suppressing the LI price to take advantage of cheap stocks in LI producers. Hence why BABA is trading at such a low multiple. Be aware!!!
Lithium brine degradation, page-5
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $68.45M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $161.0K | 1.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 651115 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 208270 | 12 |
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| Last trade - 14.53pm 25/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |