No it's not "fake news" as you put it. It's simply crap reporting. They started off with a flawed assumption supplied by Credit Suisse (into the bin with that one alongside the Goldman Sachs report) and ended up with complete rubbish conclusion. $1200/t spod in a few years - not going to happen. To paraphrase the MD for Renascor - the industry will need 90 graphite mines the size of theirs over the coming years - the same is true of the world's need for lithium in my opinion.
CXO on ABC incorrect reporting on Lithium market, page-21
-
- There are more pages in this discussion • 4 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 CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.2¢ |
Change
-0.001(1.08%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.5¢ | 9.2¢ | $664.8K | 7.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1511168 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |