So far circa 6% of lithium supply has been removed from the market (according to an analyst report I scanned today) - accuracy unverified.
But yes, the higher that percentage goes the better for well-run, low production cost producers - like PLS. Just basic economics 101.
Save a broader market Black Swan event, the lithium sector shake-out should be well and truly over by...let's say Xmas, and a return to circa $6,000/$7,000 - in my unhumble opinion.
Good News & Bad News, page-40463
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Last
$2.90 |
Change
0.160(5.84%) |
Mkt cap ! $8.731B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.90 | $2.80 | $106.1M | 37.06M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 325534 | $2.89 |
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| Price($) | Vol. | No. |
|---|---|---|
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