Actually GS are predicting a spot price below the marginal cost of production for most operations for years to come, based on increasing supply from Africa, domestic Chinese lepidolite, and (as yet not proven) DLE. All three supply sources are flawed for reasons others have posted about. So you have a choice. Either adopt a trader mentality based on short term thinking backed by correlation between current market manipulation and GS predictions. Or choose to have confidence in your own decision to back lithium as a critical mineral to the energy transition, and thereby your investment in LTR.i know which option allows me to sleep easier at night. Do you?
Actually GS are predicting a spot price below the marginal cost...
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Last
$1.39 |
Change
0.013(0.91%) |
Mkt cap ! $3.370B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.44 | $1.39 | $4.536M | 3.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 232277 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 25746 | 37 |
View Market Depth
| Last trade - 11.26am 15/05/2024 (20 minute delay) ? |
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Last
$1.40 |
Change
0.013 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $1.42 | $1.44 | $1.39 | 770009 | ||
| Last updated 11.44am 15/05/2024 ? | |||||
| LTR (ASX) Chart |