In China, reports by Reuters indicated that top lithium...

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Fred Flintstone

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05/04/23

12:51

Post #: 67147627
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Originally posted by ozblue ↑

Expect another lower day today as all lithium stocks seem to be down O/N with PMET losing a bit of ground. Also spodumene has continued the downward trend in price.

I expect the price to go back to the recent lows, depending upon whether markets have another banking hissy fit or not. If they do then we could get some real bargains here under a dollar again. The future of course being very hard to see.

From my perspective I'm just waiting for another end of the world melt down to buy some more, whether it's a lithium meltdown or a general one. In my experience markets always over react, so I could miss the bottom. No real worries about that, as I already have a nice start here.

After Easter is when we start getting very regular updates on the size of the resource with 6 drills operating according to Blair in the last presentation, so size of this deposit will grow massively IMHO, which is possibly when we see real SP increases, assuming markets co-operate..

IMHO no need for anyone to panic about anything here, we have good management, a large cash buffer and are drilling up a monster in Canada, a prime place to operate a mine. Again IMHO people shouldn't worry about SP in the short term, just look at it as a chance to top up cheaply..

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In China, reports by Reuters indicated that top lithium producers agreed on a price floor of CNY 250,000 per tonne to combat the slump

PMT Price at posting: $1.33 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 23.5¢		Change 0.000(0.00%)		Mkt cap ! $125.3M

Open	High	Low	Value	Volume
23.5¢	24.0¢	23.0¢	$226.3K	972.1K

Buyers (Bids)

No.	Vol.	Price($)
18	133532	23.0¢

Sellers (Offers)

Price($)	Vol.	No.
23.5¢	158213	19

View Market Depth

No.	Vol.	Price($)
16	64229	0.230
14	268746	0.225
11	169100	0.220
13	168066	0.215
19	382019	0.210

Price($)	Vol.	No.
0.235	146464	18
0.240	69903	7
0.245	42510	7
0.250	134157	10
0.255	61100	5

Last trade - 11.37am 25/06/2025 (20 minute delay)

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