I had started replying to this but you've said it much better than I could have.
On LIT ETF, they only own 6 AUS lithium producers/near term producers all of which have been falling, and zero specs, hence the price movement. Good ASX lithium specs have been moving sideways the past few days.
Estimates for lithium demand are IMO way too conservative. People have been banging on about oversupply for years. These people need to revisit their calcs, or find better commodities experts to follow.
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 15 Jan
Short Term Trading Week Starting: 15 Jan, page-444
-
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online