US$20k would be enough for GLN to have a A$1B+ valuation.
Chris at Mineral Resources & otters have said recently that no-one makes money at these levels. Chinese crap lepotide & Chinese owned subscale spod mines in Africa are said to be adding to supply despite having $15k+ costs of production.
it appears China has a medium term strategy to disrupt lithium (& other) markets, for bigger goals, like own the global battery & EV market?
US$20k would be enough for GLN to have a A$1B+ valuation.Chris...
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $116.6M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $666.3K | 4.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 644360 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 104536 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |