Agree 100%. His opinion is overly optimistic. IMO the lithium prices at current also aren't sustainable for those producers that are running at a loss that are higher on the cost curve to produce. At this rate, if prices continue to be suppressed, those higher cost producers cannot keep operating which really leaves only a small handful of Lithium companies in Australia (and globally) that can sustain it and come out the other end.
Timing is key here but the light is starting to shine on those producers that can produce at the lower end with an excellent management team at the helm.
Agree 100%. His opinion is overly optimistic. IMO the lithium...
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Last
$1.50 |
Change
0.070(4.91%) |
Mkt cap ! $3.624B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.50 | $1.41 | $16.07M | 10.94M |
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Sellers (Offers)
| Price($) | Vol. | No. |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.50 |
Change
0.070 ( 6.56 %) |
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| Open | High | Low | Volume | ||
| $1.41 | $1.50 | $1.41 | 3749970 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| LTR (ASX) Chart |