The broader market is bearish as we know, and this will continue.
But there will be some winners, once the penny drops for those investors.
Lithium price was hitting all time highs... prices were forcing up the cost of electric vehicle entry... which in the long run is not what we want. We want the price to level out.
But even if you do the math on what Lithium prices were last year, there is value to be had.
There will be an explosion of investment dollars pour into the sector. In particular those that have the biggest factor for growth, i.e. mining exploration stocks.
But not just any old mining exploration stocks, only those that are:-
Cashed up - Tick
Operating in a low regulatory environment (State of Arizona) - Tick
Primed for growth - Arizona is a Battery Hub production hub - Tick
SP will settle back in at 12.0 cents soon... ready for the next leg up.
IMO DYOR
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.58M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.5¢ | $43.45K | 2.726M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
41 | 11640727 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 79565 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
41 | 11640727 | 0.015 |
61 | 15818371 | 0.014 |
17 | 4223691 | 0.013 |
10 | 4258696 | 0.012 |
9 | 4552001 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 79565 | 3 |
0.017 | 4510901 | 19 |
0.018 | 3226831 | 12 |
0.019 | 2104989 | 8 |
0.020 | 2064125 | 11 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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