Looks like this is going to be walked down. Granted the US/ASX/Lithium Markets have been savage the past 2 trading days but unfortunately, looks like the momentum into the DFS is completely gone now.
Sad to see people would sell lower than the SP was before the DFS was released, given how solid and promising it was.
Bought in yesterday so sad to see the gains from yesterday evaporate into the red but was to be expected given the current economic environment.
Support at 63c just got broken (fragile at best) Wouldn't be surprised if we hit 60c today.
Lets hope the "advanced" takes can reap a offtake announcement in the coming month. Hopefully by then, we can see an uptick in Li pricing before the Christmas and CNY dip once more.
Ann: Key Canadian Lithium Project Acquisitions, page-29
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Last
14.0¢ |
Change
0.010(7.69%) |
Mkt cap ! $70.93M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 12.5¢ | $284.5K | 2.130M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 134586 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 430000 | 6 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |