So from what I’ve been reading it is a good thing for LTM for the Lithium price to stay low for longer as it will lead to a faster recovery due to the larger supply deficit which will be the result of prices staying lower for longer forcing a number of smaller mining companies to halt production with only the larger producers continuing to supply the market at a profit.
The question is how long does the Lithium price have to stay low for this to happen?
So from what I’ve been reading it is a good thing for LTM for...
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Last
$4.47 |
Change
-0.390(8.02%) |
Mkt cap ! $1.655B | |||
| Open | High | Low | Value | Volume |
| $4.61 | $4.64 | $4.47 | $9.597M | 2.115M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3204 | $4.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.50 | 1842 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LTM (ASX) Chart |