Ahhh so we have HMW producing a first profit in 2025, and GS are calling a LCE price of $11000.
That might explain the share dump and price decline being so severe today.
However,I’ll take the independent experts predictions, JL and Benchmark just to name 2, over GS any day, and they are predicting high prices through to 2030. The general vibe ( they are reluctant to be specific) I get is they think prices will possibly go to US$100k, then ease back to 50-60k/t until 2030.
Thats my take anyway.
Ahhh so we have HMW producing a first profit in 2025, and GS are...
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Last
12.5¢ |
Change
-0.025(16.7%) |
Mkt cap ! $61.71M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $810.3K | 6.630M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 618141 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 38235 | 2 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |