I agree the lack of recent news seems to be putting the sword thru this stock - but the big picture is more important - and it is in play.
The idea is to drive most mines to closure and stop any new development - then China or some other big player/s step in to develop the worlds lithium supply in Africa / Brazil etc.
Li price will be manipulated down as required.
This is the way of the totalitarian capitalist countries - but will the free market tolerate it ??? - It did not work for aussie iron ore, or thermal coal, or even lobsters and wine.
IMO this is where China gets a big bloody nose. Meanwhile we suffer, and the only thing to do is hold our ventures
Recall
"There is a tide in the affairs of men which if taken at the flood leads on to fortune" -- Shakespear.
Not advice - wait for the tide !!
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Open | High | Low | Value | Volume |
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3 | 60996 | 0.170 |
1 | 10000 | 0.165 |
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Price($) | Vol. | No. |
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0.195 | 97157 | 2 |
0.200 | 120000 | 2 |
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