Price for Lithium in all its forms is a subtle balance between supply and demand, technological, geopolitical and global macro economic factors.
If it becomes uneconomic to mine then care and maintenance is a very real concern. Without reliably knowing the cost of production (which is also greater in ramp up phase) it’s anyone’s guess - but It almost certainly won’t be lower than estimates.
If the mine did go into C&M - a share price of 50c seems expensive, and at what price would lithium need to be to incentivise a restart?
I get that you are hoping for a swift bounce - but that is looking unlikely IMO.
DYOR IMO
- Forums
- ASX - By Stock
- ASX Today
Price for Lithium in all its forms is a subtle balance between...
-
-
- There are more pages in this discussion • 29 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
(20min delay)
|
|||||
Last
80.0¢ |
Change
-0.010(1.23%) |
Mkt cap ! $1.940B |
Open | High | Low | Value | Volume |
83.5¢ | 84.0¢ | 80.0¢ | $8.438M | 10.32M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 93085 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.5¢ | 52300 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 76835 | 0.800 |
13 | 300078 | 0.795 |
20 | 442312 | 0.790 |
7 | 103544 | 0.785 |
24 | 230288 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.805 | 52300 | 2 |
0.810 | 83967 | 4 |
0.815 | 203350 | 6 |
0.820 | 150600 | 4 |
0.825 | 71592 | 5 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |