Hey mate,
Spot price is high but the cost of production is also very high. High labour, equipment and fuel/transport costs together with high interest rate etc will erode profit margin of every business so high price at this stage may not be profitable as you think.
Lithium bubble is bursting, page-3
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11.0¢ |
Change
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Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $3.029M | 27.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 374502 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3715512 | 56 |
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