1. Macro Sentiment: Down, looking bearish
2. Sector Sentiment: Lithium Carbonate price is 52 Weeks Low and looks like trending below, price discovery phase for stabalise.
3. Equity Sentiment: GSM.asx Waiting for results by Mid to late October 2023
My View:
I see 3 scenario by 15-25 October 2023
Scenario 1 - Low/ No Lithium
50% down to 2 cents, Market Cap = $ 3.5 Million
Scenario 2 - Medium Grade Lithium similar to WC8
8-9x up to 32-40 cents, Market Cap = $64 Million
Scenario 3 - High Grade similar to AZS
20x up to 80 cents, Market Cap = $$150 Million
*** For Base Reference Purpose ONLY ***
Market Cap of AZS = $1.15 Billion
Market Cap of WC8 = $260 Million
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Ann: Yule Lithium & Gold AC Drilling Under Way, page-171
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Mkt cap ! $2.794M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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10 | 1959654 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.1¢ | 700377 | 2 |
View Market Depth
No. | Vol. | Price($) |
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10 | 1959654 | 0.010 |
8 | 2711105 | 0.009 |
4 | 858444 | 0.008 |
3 | 928500 | 0.007 |
3 | 949950 | 0.006 |
Price($) | Vol. | No. |
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0.011 | 700377 | 2 |
0.012 | 500000 | 2 |
0.013 | 430000 | 2 |
0.014 | 571428 | 6 |
0.015 | 2289207 | 7 |
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