LIT 0.00% 2.0¢ livium ltd

Lithium Australia Chart, page-71

  1. 1,104 Posts.
    lightbulb Created with Sketch. 136
    FYI: From http://www.indmin.com

    "Leading Chinese lithium carbonate supplier Ganfeng Lithium put up its prices for a second time in the space of a month last week, prompting industry peers to follow suit as rising demand for the material from the EV battery industry continues to support the market.

    ....The company raised the sale value of its material by nearly 17%, from Chinese renminbi (Rmb) 60,000/tonne ($9,470/tonne*) to Rmb 70,000/tonne ($11,049/tonne)."

    Has to be good for LIT/EMH. Last time I looked it was about US$6000/t, up 83% since then. The LIT SP was about 6.5c then, up 47C% now. The 12c we achieved recently would be closer to the mark based on Li Carbonate price rises but would still be inadequate given the companies European and Australian prospects.

    A while ago, I suggested to the CEO that it would be good to have a brokers report on LIT.  He wasn't ready to say when that might occur at the time but it's hard for shareholders to estimate LIT's intrinsic worth. very much bigger than the MCAP obviously.​
 
watchlist Created with Sketch. Add LIT (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $26.29M
Open High Low Value Volume
2.0¢ 2.1¢ 2.0¢ $54.15K 2.700M

Buyers (Bids)

No. Vol. Price($)
18 2023009 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 5584678 10
View Market Depth
Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
LIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.