I have read that the real shortage starts after 2025.
I think that the transition to the electrification of everything may go a bit slower than planned , better prices will come but the timing is still not sure .
The conversion to renewables is a huge financial and logistical challenge and there is a lot of pushback from the sceptics .
With a lot of big mines needing to mine lower grade ore and the cost of new mines escalating I don't think the price will crash .
I am glad they went down the equity route in spite of the big dilution .
We are producing while others are struggling to find loan money and partners to build plant and get into production .
I have read that the real shortage starts after 2025.I think...
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Last
6.8¢ |
Change
-0.004(5.56%) |
Mkt cap ! $142.4M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.2¢ | 6.8¢ | $456.2K | 6.615M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 251625 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 268521 | 4 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
6.9¢ |
Change
-0.004 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 7.1¢ | 7.1¢ | 6.8¢ | 2370792 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| HGO (ASX) Chart |