Kev personally, I don't use the Lithium spot price as a barometer for the health of this investment. I use the Global exchange traded funds.
The Global X Lithium & Battery Tech ETF (LIT) invests in the full lithium cycle, from mining and refining the metal, through battery production.
It reveals activity in what I believe is the professional tier of investing and reflects the spot price, actual supply and demand, shorters, insular valuations - which account for offtake agreements (not based on spot price), retail sales of lithium reliant technologies etc.
It's only my strategy, not advice or suggestion to follow, yet you might like to keep an eye on it. I think you've done well and a recovery for you is already fairly certain from my analysis. Right now I value INR in the mid 30's to low 40'sThen post-DFS announcement we could see that price develop.
This is a prediction, so take it with the amount of salt that is necessary - I have a suspician that INR will surprise with it's deadline for the DFS and that it could come a month early. Take a look at my post today onAnn: ioneer successfully resolves environmental litigation.
- Forums
- ASX - By Stock
- INR
- External News & Commentary
External News & Commentary, page-40
-
- There are more pages in this discussion • 2,395 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add INR (ASX) to my watchlist
(20min delay)
|
|||||
Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $488.3M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.8¢ | $364.3K | 1.722M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 334875 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 104465 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 334875 | 0.205 |
27 | 1145649 | 0.200 |
5 | 436372 | 0.195 |
16 | 874414 | 0.190 |
7 | 545534 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 104465 | 3 |
0.220 | 1036737 | 9 |
0.225 | 305617 | 10 |
0.230 | 627272 | 13 |
0.235 | 140465 | 3 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
Last
21.3¢ |
  |
Change
0.000 ( 1.16 %) |
|||
Open | High | Low | Volume | ||
21.0¢ | 21.5¢ | 21.0¢ | 582183 | ||
Last updated 15.59pm 16/05/2024 ? |
Featured News
INR (ASX) Chart |