I'm not sure about that, probably not at lower cost.
What I'm sure about is that Li spot price will not stay this low for much longer.
Supply/Demand plays a huge role in a natural lifecycle. Closing/suspending mines (by CXO or some others) would soon lead to short supply in turn, push Li price back up.
That's probably about time LPM's mines are ready (or near ready) for production.
I have never stopped topping up my holding in the past few months and weeks.
All I can say is, only the silliness and shaky hands who couldn't work out the above - are getting out these days at low while smart guys (most likely new holders switching from others at production stage) are gradually taking, increasing their chances.
Even here in Oz, EV sales have doubled in 2023 and taken up 7.2% of new car sales. That's huge rise compared to 2022 , EV sales was unknown by many.
This time next year would probably be 15% if not more. Then, COP26 global commitments. The world is going to need million tons of Li in coming years.
AIMO..
We need to believe in what you invest. For me, I have full confidence and trust in LPM which is lead by Bin, Simon and specialists out in the field. Very strong team.
GLTAH.
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Last
14.5¢ |
Change
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Mkt cap ! $19.18M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 14.5¢ | $2.791K | 19.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9250 | 14.5¢ |
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Price($) | Vol. | No. |
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15.5¢ | 26114 | 3 |
View Market Depth
No. | Vol. | Price($) |
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2 | 9250 | 0.145 |
2 | 25585 | 0.140 |
2 | 11202 | 0.135 |
1 | 50000 | 0.130 |
1 | 15000 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 26114 | 3 |
0.160 | 5702 | 2 |
0.165 | 7601 | 2 |
0.175 | 35000 | 1 |
0.180 | 87080 | 2 |
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