PMT patriot battery metals inc.

5.05%

47.0¢

What a gracious post. Good on you.Separately, has anybody read...

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09/07/24

19:45

Post #: 74678683
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Originally posted by SugeKnight: ↑

It makes me genuinely sad to read your comments. Im sorry to hear about your losses

When investing in single commodity companies you need to pay close attention to whats happening in the space

The price of Lithium has been falling daily / in a downtrend for a very long time now. It's important to pay attention to trends

You can keep track of the chinese lithium futures here http://www.gfex.com.cn/gfex/tsl/sspz.shtml

SMM spot price here https://www.metal.com/Lithium

Also see Platts commentary, and maybe stay tuned with new broker / analyst reports about lithium

The price of all lithium stocks have been going down. Some at their 52w lows and some making new 52w lows.

This includes the big chinese lithium stocks (Tianqi and Ganfeng). The big US listed ones are also doing just as bad (ALB and SQM).

Some have been falling more than others for various reasons, but ultimately, the sector is in the toilet

The good news is this is probably / potentially around the bottom. The bad news is it might need a fair bit of time before we see an upwards movement in lithium prices (although we're all just guessing and things can change really quickly). Most analysts expect lithium prices to increase in a few years. But their forecasts are always changing so best to keep paying attention

Take it as a learning experience

Sometimes when I'm in a bit of a pickle and I spot a new opportunity I find that it works out better to switch into that new opportunity, rather than sit and wait (opportunity cost). Im not saying i would recommend to sell, im saying to keep motivated and keep your eyes open for any new opportunities that may arise. But becareful, you dont want to flip flop around and potentially lose more money

Best of luck to you

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What a gracious post. Good on you.

Separately, has anybody read anything useful on the Canadian critical minerals changes viz a viz how that might affect PMT? Most news summaries seem to be suggesting it’ll restrict M&A activity?

PMT Price at posting: 50.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 47.0¢		Change -0.025(5.05%)		Mkt cap ! $251.6M

Open	High	Low	Value	Volume
48.5¢	49.5¢	47.0¢	$1.088M	2.268M

Buyers (Bids)

No.	Vol.	Price($)
7	34858	47.0¢

Sellers (Offers)

Price($)	Vol.	No.
48.0¢	19000	1

View Market Depth

No.	Vol.	Price($)
6	34358	0.470
3	27504	0.465
1	37000	0.460
3	36294	0.455
2	9	0.450

Price($)	Vol.	No.
0.480	19000	1
0.485	10520	1
0.490	13681	2
0.495	5726	2
0.500	50900	5

Last trade - 16.10pm 25/07/2025 (20 minute delay)

PMT (ASX) Chart

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