For the sake of providing other perspectives about the lithium market in general that seem informed and trustworthy, there's a really good episode of money of mine out today from a great geologist.
Some interesting comments on lithium
- Emphasising the uneconomic nature of maintaining lepidolite production at current prices and the extreme amount of waste generated
- Emphasising the opaque nature of the Chinese market. What if lepidolite production already has stopped, would we even know?
- Questions the supply forecasts built into the price models by the big banks considering the low price environment we're in.
Anyway, hopefully the end is in sight and Galan hangs in there long enough to capitalise on the great resource we have.
For the sake of providing other perspectives about the lithium...
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Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $59.24M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $172.9K | 1.456M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 214127 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 326950 | 6 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |