Just like GLN, it looks like LKE up 49% since Friday pm when a heavily oversubscribed Cap raise was announced.
CXO Hard Rock outfit also up sharply. Lithium market remains strong.
LIT ETF is, and remains in solid uptrend
Lithium Carbonate FOB China (Source: Fast Markets) - strong move continues uptrend established still early days and alot further to run.
Lithium Carbonate Price table since Xmas shows consistent green ~ price rising strongly with small retraces.
Macro pressure will continue to build on LPI until sellers can hold it back no more... Personally I would like a nice steady rise but I think it will have a series of rushes up similar to, if not stronger than, to the one encountered last week.
Sellers can only hold up the dyke so long before the massive weight of the inflowing Lithium tide overwhelms them.
