Hi Aldi99, I think that fundamentals are everything. The most important fundamental is the price of lithium. If it was still $80 per kilo LKE shareholders would be those painful people explaining how they got rich off a sub 3 cent stock but the price is $13.50 and LKE shareholders are those people searching for change down the back of the couch. But the real question is what will the price be in 2030? Will it be $20 or $40? One of those prices will see Kachi into production the other won't. We all know that the big oil majors and now Indian Coal are searching the world for lithium deposits of a decent size. I guess the unknown is what price do they think lithium will sell for? If their economists come to the conclusion that it will be closer to $40 then they may well want to make an investment in a low grade 10 million ton LCE project at the current bargain basement price. Excuse me for a moment I think I saw something at the back of the couch.
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Last
4.1¢ |
Change
-0.002(4.65%) |
Mkt cap ! $68.18M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 4.1¢ | $227.7K | 5.423M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1119901 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 30000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1119901 | 0.041 |
17 | 1070136 | 0.040 |
10 | 1105451 | 0.039 |
11 | 679234 | 0.038 |
15 | 1833055 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 100000 | 1 |
0.044 | 568111 | 7 |
0.045 | 1104501 | 7 |
0.046 | 401734 | 5 |
0.047 | 269200 | 3 |
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