That’s a bit rich coming from Cannacord…No. 1 net seller of LKE...

First 7142 Last

Share
Profile

Follow
dugsab

16,589 Posts.

2590

01/06/22

22:42

Post #: 61766653
Share

Originally posted by Luongho76: ↑

Below is comment from Cannacord Mining analysts.

That oversupply in the market that Goldman Sachs is referring to is in lithium production from China lepidolite sources which is lower grade, difficult to process and more expensive to process in comparison to spodumene,” he said.“I’ve been covering this sector for seven years and I can tell you supply always disappoints, especially from unconventional sources such as lepidolite that Goldman Sachs is referring to in their research report.

“Lithium projects are always behind schedule, always, and to say that the world’s supply issues are going to be resolved in three years from unconventional resources, which means higher costs to produce and extract…I think is wrong.” Uncertain market factors, yes, prolonged down-turn, noWhile we are in an environment where there are more uncertain factors at play, Spencer says this is not a prolonged downturn.“It’s ridiculous, two months ago the market didn’t care about what was going to happen in 2023 but it is because of this report and reports by others including Credit Suisse, that everyone seems to be panicking and selling their shares.“But it is important to note that all we have seen so far is a fall in equities.“This is an equities market correction, if you have a look at the fundamentals of the lithium industry, they are still very strong.”

-

Expand

That’s a bit rich coming from Cannacord…No. 1 net seller of LKE in the month of MAY 2022…

LKE Price at posting: $1.35 Sentiment: Sell Disclosure: Not Held
2 Upvote

1 Great analysis

Reply

Top Stories

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

There are more pages in this discussion • 16,985 more messages in this thread...

First 7142 Last

Add LKE (ASX) to my watchlist

(20min delay)
Last 4.3¢		Change -0.001(2.27%)		Mkt cap ! $71.51M

Open	High	Low	Value	Volume
4.4¢	4.5¢	4.1¢	$404.5K	9.417M

Buyers (Bids)

No.	Vol.	Price($)
16	831640	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	216771	2

View Market Depth

No.	Vol.	Price($)
16	831640	0.042
15	1493730	0.041
46	3623647	0.040
11	972846	0.039
10	1698315	0.038

Price($)	Vol.	No.
0.043	216771	2
0.044	2755525	10
0.045	1101837	21
0.046	323904	6
0.047	386001	4

Last trade - 16.10pm 27/06/2024 (20 minute delay)

LKE (ASX) Chart

That’s a bit rich coming from Cannacord…No. 1 net seller of LKE...

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Nimy extends sulphide targets at Mons with new anomalies identified

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

That’s a bit rich coming from Cannacord…No. 1 net seller of LKE...

Top Stories

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

Nimy extends sulphide targets at Mons with new anomalies identified

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News