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4.40%

9.5¢ core lithium ltd

And the sheep that sold in panic, well we're ummm, what can we...

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stevo1963

2,321 Posts.

172

09/08/22

09:29

Post #: 63001138
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Originally posted by pleb12 ↑

Some banks and research houses, however, are less optimistic about the prospect for lithium prices, with analysts at Goldman Sachs pointing to technological advances that could yield more supply within a couple of years. That was in a note issued in June and saw a brief sell off in the prices of lithium mining and exploration companies. But the impact didn’t last and the points raised by Goldman Sachs has been undermined by experts at Benchmark Mineral Intelligence and other analysts who point out there will be no technological breakthrough of the type claimed by Goldman Sachs because Chinese lithium ores are low grade and expensive to convert as a result.

Goldman Sachs not such the experts!

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And the sheep that sold in panic, well we're ummm, what can we say ? We tried to warn them not to sell, but hold instead. After all GS had a motive we all knew. I wonder how many sheep that sold are still sitting on the sidelines, just watching and chewing grass.

CXO Price at posting: $1.36 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 9.5¢		Change 0.004(4.40%)		Mkt cap ! $203.0M

Open	High	Low	Value	Volume
9.2¢	9.7¢	9.0¢	$1.159M	12.43M

Buyers (Bids)

No.	Vol.	Price($)
5	108798	9.5¢

Sellers (Offers)

Price($)	Vol.	No.
9.7¢	637615	8

View Market Depth

No.	Vol.	Price($)
5	108798	0.095
5	237445	0.094
8	583284	0.093
9	1171625	0.092
14	1261260	0.091

Price($)	Vol.	No.
0.097	538532	7
0.098	895724	9
0.099	178093	3
0.100	754077	13
0.105	1625234	28

Last trade - 16.10pm 31/07/2024 (20 minute delay)

CXO (ASX) Chart