Like purchasing shares, oh wait...
They are not able to do much else from what has decimated the entire sector.
My belief is that a significant portion of the lithium decline was deliberate by the Chinese. Their pivot to lepidolite is not even profitable at current levels. I think it was to suppress the sector to snap up cheap assets.
We are now seeing this with BYD eyeing up Sigma. Ganfeng doubling offtake with PLS and China sniffing around Askari Metals in Nambia. I expect more to follow.
Remember they were already kicked out of Canada too.
GL1 with their resource and level of development will prove attractive.
Like purchasing shares, oh wait...They are not able to do much...
Add GL1 (ASX) to my watchlist
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Last
38.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.5¢ | 38.0¢ | $269.9K | 702K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 33159 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
39.0¢ |
Change
0.000 ( 1.56 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 39.5¢ | 38.0¢ | 175046 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| GL1 (ASX) Chart |