LU7 0.00% 1.3¢ lithium universe limited

'The price of lithium has zero to do with the market price of...

  1. oke
    3,598 Posts.
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    'The price of lithium has zero to do with the market price of this stock. Ie because they doesn't produce any lithium.
    - I don't think many would agree with that statement. Just as copper prices affect non producers and producers ,,, when copper's high they both have elevated market caps and vice versa.. If lithium was at January 2023 prices we'd have a higher market cap guaranteed - producers and non producers

    'So far it's just a pile of heavy hitters on the payroll just like the previous incarnations of this organisation'
    - Theres been accelerated progress on both fronts according to announcements. The heavy hitters are guiding the Lithium hub project which accounts for the accelerated progress - see last announcement.
    They're proactive in attending resource events and various interviews.

    The price weakness is right across the lithium sector, so no need to blame the company. If the lithium sector was rising on higher lithium prices you wouldn't be complaining about anything now would you.

    So where is your money invested ?




    Last edited by oke: 30/11/23
 
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