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
$3.95 |
Change
0.000(0.00%) |
Mkt cap ! $1.399B | |||
| Open | High | Low | Value | Volume |
| $3.99 | $4.01 | $3.91 | $6.639M | 1.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5671 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 751 | 1 |
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| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| LTM (ASX) Chart |