Right now 80% of producers & explorers with half decent reserves are unprofitable at these prices. Mineral Resources (& others) have stated this while announcing their results. This skew has lasted longer than anticipated as the current supply figures show China continues to mine its crap lepotide (spelling) lithium at a loss, & sourcing other low grade spod from Africa. Not sure how long that dynamic lasts…?
Right now 80% of producers & explorers with half decent reserves...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.20M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.0¢ | $151.9K | 1.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 163864 | 8 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |