Hi Goldilocks,
Thank you for sharing your thoughts and concerns about the current economic situation and its potential impact on lithium prices. Your analysis of the Federal Reserve's policy and their objective to bring down inflation through a possible recession is accurate. It is also possible that a recession could lead to a surplus of supply and lower lithium prices in the short term.However, it is important to note that the demand for lithium is expected to grow significantly in the coming years as we transition to electric vehicles. Even in a recession, the demand for lithium may not drop significantly enough to see prices below $2/kg. This is because, as you pointed out, there needs to be enough incentive pricing for projects to continue developing, even during a downturn economy.It is also possible that there may be a slower transition to electric vehicles during a recession, but the acceleration of the transition will likely happen as we come out of it. This could potentially push back the timeline for lithium market growth, but it will ultimately come, in our opinion.
I appreciate your caution in not over-committing and being prepared for all possibilities. Keeping an eye on the market and the supply and demand dynamics is essential for any business, especially in a volatile industry like lithium.Thank you again for sharing your insights and opinions, and I wish you all the best.
Best regards,
Jimmy
- Forums
- ASX - By Stock
- LTR
- ASX Today
ASX Today, page-28454
-
-
- There are more pages in this discussion • 14,983 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
|
|||||
Last
75.0¢ |
Change
0.025(3.45%) |
Mkt cap ! $1.818B |
Open | High | Low | Value | Volume |
73.5¢ | 75.5¢ | 73.0¢ | $8.192M | 11.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 825699 | 74.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 321345 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.745 |
11 | 268647 | 0.740 |
5 | 157789 | 0.735 |
10 | 175146 | 0.730 |
11 | 200827 | 0.725 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 179675 | 4 |
0.755 | 170127 | 8 |
0.760 | 58800 | 2 |
0.765 | 15000 | 2 |
0.770 | 26464 | 7 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online