You're an idiot. I guess all the other Li companies that are also red must have had announcements today as well to sell into. SMHThink everyone is a little cautious as to whether CATL is going to close its Jianxiawo mine. Now that CNY is officially over there should be some confirmation in the coming week as to whether this is true. The recent pump on speculation was nice but people tend to try and lock in profit if the news starts to drag out.
We all knew these prices weren't sustainable to make profit and Lepidolite is even worse. If this mine closes thats 3% of the global supply wiped in an instant. I would say a sustained run would unfold for at least a few months, till the Li price got to a point where they would open the mine once more.
Could be a nice breather, as we wait for EV sales to continue rising.
- Forums
- ASX - By Stock
- WR1
- Ann: Exceptional Metallurgical Test work Results from Adina
Ann: Exceptional Metallurgical Test work Results from Adina, page-47
-
-
- There are more pages in this discussion • 83 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
|
|||||
Last
67.5¢ |
Change
-0.005(0.74%) |
Mkt cap ! $144.9M |
Open | High | Low | Value | Volume |
68.0¢ | 68.5¢ | 67.0¢ | $79.37K | 118.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17453 | 66.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.5¢ | 20387 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13403 | 0.665 |
9 | 121795 | 0.660 |
7 | 52180 | 0.655 |
10 | 62935 | 0.650 |
2 | 86558 | 0.645 |
Price($) | Vol. | No. |
---|---|---|
0.675 | 23230 | 8 |
0.680 | 28399 | 4 |
0.685 | 8072 | 4 |
0.690 | 16824 | 3 |
0.695 | 4050 | 1 |
Last trade - 11.32am 16/07/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online