2023 is going to be insane, we have so many announcements right around the corner:
- environmental approvals for 12,000 tpa
- strategic offtake and investment partner revealed including funding for the plant
- commencement of building additional 10,000 tpa plant
- further drilling results for updated JORC
- Updated JORC (as we know investors are obsessed with resource size funnily enough, this alone should increase value at least 15-20%)
- amnouncement of completion of commissioning the 2,000 tpa plant and into full operation.
Seems to me that lithium stocks are not enjoying China's lockdown and COVID situation at the moment, this always temporarily affects demand for lithium but comes back strong once the situation settles. China also removed their EV subsidy recently I believe. Nonetheless plenty of demand there and lithium prices forecasted to remain sky high for all of 2023. The US should be done with interest rate hikes around March 2023 I believe, so around this time I think the wider macroeconomic environment may swing back to bullish
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
3.6¢ | 4.1¢ | 3.5¢ | $438.1K | 11.60M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 107683 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 316897 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 107683 | 0.038 |
3 | 855000 | 0.037 |
7 | 2456474 | 0.036 |
27 | 3460576 | 0.035 |
12 | 1272154 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 316897 | 4 |
0.041 | 887730 | 5 |
0.042 | 699305 | 4 |
0.043 | 702146 | 4 |
0.044 | 1274829 | 6 |
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