Perhaps. But if they are indeed "fair", then as Chris Ellison pointed out yesterday, no hard rock lithium miner in Australia will be making money at "fair" prices, and supply will dry up. There needs to be 10 x PLS sized mines built within the next 5 years to satisfy demand. Can you name more than maybe 3 coming online, that size, off the top of your head?
So draw your own conclusions as to what needs to (and will) happen to lithium prices in the medium to long term to incentivize supply.
Perhaps. But if they are indeed "fair", then as Chris Ellison...
-
- There are more pages in this discussion • 1,320 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
74.0¢ |
Change
-0.030(3.90%) |
Mkt cap ! $1.794B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 73.5¢ | $12.03M | 16.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 339920 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 109036 | 6 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |