There are NO operational issues. If you have proof, post them.
There are issues with optimal recovery - current recovery is about 50% whereas optimal is 70%. Note, all previous Li producers (including PLS) went through the same problem. Over time, the engineers work a way to improve recovery.
China's demand is NOT negative - quarter on quarter, EV car sales have increase by double digits.
Li, just like other commodities are played, by vultures.
If it was suppose to collapse as you claimed, then why is ALB offering to buy LTR for $6.6B, when its NOT even in production yet.
And why is Gina buying LTR at around $3, almost every day (up to 16% now), either to block stake against ALB, extract more $$$$$ from them or maybe make her own TO?
These are industry experts and they are paying top price for a Li company which is NOT in production yet.
And you think you know more than them?
Banter and general comments, page-33036
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10.0¢ |
Change
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Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 452071 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2273869 | 37 |
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| CXO (ASX) Chart |