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Lithium Related Media Articles, page-23752

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Borrisbb

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07/08/24

15:20

Post #: 75110742
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Originally posted by Cosmoterios: ↑

With so many new suppliers coming on market, coupled with the introduction of new tariffs in both US and EU, this sector is bound to hit the oversupply problem - and it has.

Politicians in both the US and EU are determined to protect jobs in the ICE sectors, so its going to be sometime before demands meet supplies.

And with the election of protectionist politicians, I think this policy will continue (protecting ICE sector).

As such, the transition from ICE to EV in both the US and EU, will be slow, thus slowing demands in Lithium.

Li companies that are NOT highly leveraged will survive.

But companies that are highly leveraged will be swallowed up.

Just like the last downturn. Gina is in the best position to watch and wait before pouncing; just as she did with AGO.

IMHO, I don't think we have seen the bottom yet.

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I think that governments that backtrack on global warming commitments will get voted out ! Most people right now have cost of living as number 1 concern but global warming is right there with it . EVs are perceived to be part of the solution . Unless proven otherwise , demand will continue to grow .

LTR Price at posting: 89.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 88.0¢		Change -0.005(0.56%)		Mkt cap ! $2.134B

Open	High	Low	Value	Volume
89.5¢	91.5¢	87.5¢	$11.77M	13.17M

Buyers (Bids)

No.	Vol.	Price($)
12	291106	88.0¢

Sellers (Offers)

Price($)	Vol.	No.
88.5¢	19949	1

View Market Depth

No.	Vol.	Price($)
12	291106	0.880
9	128756	0.875
19	751496	0.870
6	26274	0.865
24	197929	0.860

Price($)	Vol.	No.
0.885	19949	1
0.890	6877	5
0.895	40000	1
0.900	72000	2
0.905	45000	2

Last trade - 16.10pm 07/08/2024 (20 minute delay)

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