I just find it amusing that these guys have all decided that its was all the massive new supply fron hardrock that has caused the lithium price to drop..... someone from SQM said it a whileback and thats all the writers have clung too.....nothing about how china dumped a load of crap product on the market...product tgat eventually got denied for battery use, and not one for minute has stopped to think the price already was getting kicked before PLS, TAW or AJM even sent a boatload.
None of these guys can write an original piece...they just seem to cut and paste from each other and do no investigation or fact checking.
We all have some level of understanding of whats going on in the market and why things have happend they way they did....so when ever i see a new article come out i quickly scan it to see if any actual facts have been applied and if not put it on the mass produced Morgan Stanley chrony columninst pile. and get on with my life....
AFR article on FID on stage 2, page-10
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Last
$3.16 |
Change
-0.030(0.94%) |
Mkt cap ! $9.516B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.19 | $3.06 | $50.14M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 49357 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 74794 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |