Our falling share price is in line with falls in all other lithium stocks. I don't see anything awry that is particular to LLI. Overnight markets are full of more bad news unfortunately that may lead to more price falls today. even though we are just about at cash backing.
Lithium carbonate (China futures) is down 0.82% and the Global X Lithium and Battery Tech ETF that I follow as a surrogate for lithium demand and prices is down a whopping 3.04%. That's back to a price it was last at in August 2020.
The only good news is that Dale Henderson said yesterday on a Pilbara call that he thinks lithium prices are at the bottom or close enough to it. Maybe he knows but maybe he doesn't.
We should see our survey results soon. Today is possible as it's been over seven weeks. We are getting a 3-D model of what the spodumene deposit at Trieste looks like as part of cutting-edge technology that I think is exciting. GLTAH and hang in there.
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.90M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $6.633K | 44.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 223 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 35210 | 2 |
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| Last trade - 15.57pm 04/10/2024 (20 minute delay) ? |
| LLI (ASX) Chart |