Very interesting points. GT1 is only a lithium company and it does not have the current luxury to pivot to another resource, when the lithium market price may take multiple years to correct itself. As you noted above investors have decided GT1 wont be economic until the lithium price corrects itself and thus capital raises at near bottom prices will be needed to support any capital or drilling plans, otherwise timelines won't be meet. Thus, buyers are not interested.
Very interesting points. GT1 is only a lithium company and it...
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Last
9.8¢ |
Change
-0.007(6.67%) |
Mkt cap ! $31.53M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.0¢ | 9.7¢ | $37.98K | 387.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 61450 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 308425 | 4 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
9.9¢ |
Change
-0.007 ( 1.02 %) |
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| Open | High | Low | Volume | ||
| 9.9¢ | 9.9¢ | 9.7¢ | 142750 | ||
| Last updated 15.54pm 16/05/2024 ? | |||||
| GT1 (ASX) Chart |