Looks like a rough day ahead based on overnight US performance; lithium majors are having a shocker right now. The only green shoot is LAAC, notably because they announced that they're securing US$70m (A$107m) from Gangfeng for 14.8% of the Pastos Grandes project. PG already has environmental approval (back from when it was owned by Millenial Lithium), so this should get things moving pretty quickly for LAAC.
It will be interesting to see if that wall at 13 cents holds today. I reckon we might be revisiting the 12's, depending on how the US fares at the close.
Looks like a rough day ahead based on overnight US performance;...
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