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
7.3¢ |
Change
-0.003(3.95%) |
Mkt cap ! $152.8M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.6¢ | 7.3¢ | $434.1K | 5.811M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 541621 | 7.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.6¢ | 984312 | 6 |
View Market Depth
| Last trade - 15.59pm 08/05/2024 (20 minute delay) ? |
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Last
7.4¢ |
Change
-0.003 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| 7.5¢ | 7.6¢ | 7.3¢ | 1834090 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| HGO (ASX) Chart |