Considerable volume going through at these low levels. Obviously some reasonable size holders wanting out at a hefty loss.
Just a quick Look over. It would seem their lithium price forecast is approx double the current lithium spot price. Maybe that is what is getting people spooked. Their break even point is also 50% higher than the current spot price so concern there on how they would get $500m funding for such a project.
Happy for someone to tell me I’m interpreting this incorrectly!
Ann: Becancour Lithium Refinery - Preliminary Feasibility Study, page-7
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.487M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $4.332K | 541.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 532586 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 4451613 | 10 |
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| Last trade - 09.59am 22/07/2025 (20 minute delay) ? |
| LU7 (ASX) Chart |