The share price will follow a few key metrics i.e. shipping volumes, recovery rates, stage expansions, resource upgrades etc.... but it will mostly, in my humble opinion, follow the price of the lithium specs as detailed in our offtake formulas. Demand will drive this, and there are reference prices for lithium carbonate that are much higher than what typical reporting agencies report.
This from the coal face....
You've then got Fastmarkets reporting...
The images below are what is currently being transacted on the market, backing what Fastmarkets is saying.
Next year is 3 weeks away and the future is looking bright.
Good News & Bad News, page-8805
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Last
$2.94 |
Change
-0.070(2.33%) |
Mkt cap ! $8.849B | |||
| Open | High | Low | Value | Volume |
| $2.93 | $3.01 | $2.89 | $64.87M | 22.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86878 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 199466 | 4 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |