There isn't an oversupply of lithium at the moment. The demand is starting to soar as most car manufacturers design new EVs and announcements come out like Tesla today saying they could fix the South Australian energy crisis, and just recently that they provide power off peak to a whole island in Hawaii. Things are just heating up for energy storage systems. The market caps for GXY - $883m & PLS - $595m indicate that they are huge companies because of lithium. ADVs MC in comparison is $18.83m as of today. I think we have a fair bit of potential given the two resources we have and the likely upcoming news. The time to get assays from Act Labs has been the biggest drag on the shareprice this last month.
There isn't an oversupply of lithium at the moment. The demand...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.439M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $5.594K | 41.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38011 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 30552 | 1 |
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| Last trade - 15.38pm 14/10/2024 (20 minute delay) ? |
| ADV (ASX) Chart |