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50.5¢ leo lithium limited

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manny100

5,687 Posts.

2490

31/12/23

19:00

Post #: 71677512
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I see Joe Lowry of Global Lithium see a late 2024 recovery.

Originally posted by WoodySpoon: ↑

You don't think the extra supply of LTR and Leo coming online in H2 is likely to keep the price low? That is A LOT of new supply btwn us.
Could be a price spike BEFORE our supply comes on IMHO.
I think $700 - $1200 will be the new normal ongoing. The year after us I think Wesfarmers big project comes online....and of course the likes of A11, Kodal, Canadian hardrock must be due then...

It is very interesting to see the amount of new EVs on the road in Sydney though. BYD have some very capable and affordable options now, though Teslas still predominate.

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See stxxx head article.
Title: Clouds clearing? Lithium price bottom will hit by second half of 2024, believes ‘realistic bull’ Joe Lowry
“I believe the bottom happens by the second half of 2024 at the latest.”

LLL Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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