I'm putting this here since it's SOS tip (cheers mate!)
https://*********.com.au/lithium-miners-rally-chinese-electric-vehicle-subsidy-news/
Lithium miners rally on Chinese electric vehicle subsidy news
According to Reuters news wires, the minister also said Chinese NEV sales hit 163,000 units in December, almost double the November 2019 sales total of 83,000. This figure brings the country’s 2019 full year NEV sales to 1.2 million units.
Another catalyst for increased confidence from EV buyers appears to be the US-China trade war Phase 1 deal agreed in mid-December.
Well, before a miner can take advantage of this, they must have a product that others are willing to buy first.
I know the concept sounds basic, but price action does not seem to indicate that
Lithium & The Future, page-5082
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Mkt cap ! $12.35M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.2¢ | $139.9K | 49.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 61 | 63352944 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.3¢ | 13025084 | 17 |
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| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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0.3¢ |
Change
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| 0.4¢ | 0.4¢ | 0.2¢ | 41631484 | ||
| Last updated 15.48pm 13/05/2024 ? | |||||
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