Once again, I have to say Colina project will be a takeover target of Chinese and European companies. Firstly the MC is low, affordable for these companies to take over. Secondly, All new electric cars in the European Union will be required to be sold with a ‘battery passport’ from 2027, providing information about where the materials used to make the power pack come from. The ESG compliant lithium material will be chased. No matter Europe import batteries from China or make in Europe, lots of companies will source green lithium. So Colina's production timeline is perfect for this policy.
To be honest, we should forget about north America. These politicians' main focus is to slow down China, but they also slow down their EV adoption.
Once again, I have to say Colina project will be a takeover...
Add LRS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $728.8M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 24.5¢ | $1.749M | 6.886M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 538932 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 2694090 | 26 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
|
|||||
|
Last
26.0¢ |
Change
0.005 ( 3.30 %) |
||||
| Open | High | Low | Volume | ||
| 25.5¢ | 26.0¢ | 24.8¢ | 3233420 | ||
| Last updated 15.59pm 20/05/2024 ? | |||||
| LRS (ASX) Chart |