Lower Lithium prices has contributed to battery prices falling below tipping point $100/Kwh.. analyst considered battery need to reach for EVs cost parity with ICs. Hopefully spurs demand in medium term.. and we know difficulties getting into production.. forecast of supply ramp is delayed. So fingers cross Li price stabilises.. throughout CY24. And CEO mgr was adamant in increasing exploration spend.. get some good news on that front.. and optimising production continues..get over this poor market sentiment..
CXO Price at posting:
35.0¢ Sentiment: None Disclosure: Held
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