Do you think that the potential purchasers of Lithium resources will wait till prices increase substantially for spod then start bidding on the only large uncommitted Hard Rock WA LI resource?
Or lob some bids prior to spod prices recovering and possibly save a few $100 million in the process.
The current struggling producers were loaded up with debt and had no options but to put up a for sale sign.
GXY have cash but are scratching to expand their resource to keep the mine running more than a few years,
That is not the case with LTR - it is much more aligned with KDRs position prior to their takeover.
While always good to wait for an obvious bottom in pricing - it is normally only with hindsight that you see the bottom.
Meanwhile KV is being drilled towards the high grade thicker feeder zone - so while I do hope everybody gets in at a good price - the next lot of updates are due within 3-6 weeks? at a guess.
SK60
Do you think that the potential purchasers of Lithium resources...
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| Open | High | Low | Value | Volume |
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