Yes I tend to agree with your points also on researching. In fact I jumped into LTN only recently. (Being a contrarian). Lithium prices are down 73% from peak. So every producer (soon to be producer) gets whacked by that. Li is critical to EV (power to weight ratio)Full stop. It can take up to 12 months for supply chains to work through stocks and well said also (and also true) about the China situation….
Once companies such as Toyota start producing more - watch out. Any ideas the wait time for EV Toyotas- well take a look at Australian Toyota website (Toyota Camry hybrid). The 2024 Prius for instance- is going absolute gang busters.
Now , for the naysayers- watch what happens with Nickel…. that will rebound also. We will see what happens in a few weeks with strategic plays by Japanese consortiums in that specific case with nickel (which I infer will give us some clues as to long term structural plays for australia and our Li)- yes volatile to the bias on the downside… but long term is bright for sure. Let’s reassess when we get into production and 18 months from now…
Yes I tend to agree with your points also on researching. In...
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Mkt cap ! $2.970B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.26 | $1.22 | $7.836M | 6.333M |
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| No. | Vol. | Price($) |
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| 4 | 39539 | $1.23 |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| $1.25 | $1.26 | $1.22 | 2016924 | ||
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