Correct. My prediction is this will be due to lower inventory levels and supply within China in their coming winter. Coupled with sustained demand for EVs globally driving up price of Lithium towards end of year. In addition, we should get drill results out of Marble bar that started in June, drill results out of Manna that started recently and potential Manna DFS updates.
DYOR...
See below links, and report from J.P. Morgan (stolen from LLL thread, hence the highlights).
https://insideevs.com/news/681553/us-bev-registrations-jun2023/
https://www.fastmarkets.com/insights/major-lithium-producers-eye-price-recovery
Correct. My prediction is this will be due to lower inventory...
Add GL1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.02M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $73.93K | 338.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15232 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 17768 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| GL1 (ASX) Chart |