lpd share price, page-3782

From 8horse,
Hotcoppers most well informed analyst.


"Unexpected continuous drop in China’s new energy vehicle sales over last five months, has crashed lithium stocks share price especially on ASX, and A40 collapsed.
Few last sales for cash at a loss before Chinese New Year late January 2019, is likely to cause last drop in lithium carbonate price and then the lithium price should be bottomed out, imo.

Iron ore stocks: last cycle, from peak around January 2014, to the bottom January 2016, then slowly recovered and few are thriving like FMG, from $5.8 in January 2014 to $1.3 in January 2016, now sitting at $11.

Chinese lithium stocks have also started recovering, TianQi and Ganfeng, both are up over 50% over last few months.

Lithium stocks: from peak around January 2018, bottom should be around January 2020, then great time over next few years, imo.

All the best."