The first week of CY2021 has been great!
It reminds me a bit of Jan2018. Then Morgan Stanley brought out their demand outlook. After that came the RCR production problems.
Now however, Morgan Stanley are infamous for having put a SELL on the entire Lithium sector after Tesla Battery Day. Worst, call, ever. Also our production plant runs as Ken says, like a Rolls Royce of production plants (I'll forgive it being an ICEV reference).
CY 2021? I may need new sunglasses.
So to cap off a great week, I see AsianMetal reporting a an increase in Spodumene prices.
http://www.asianmetal.com/LithiumPrice/Lithium.html
Up another 1.23%. Sweet.
Spodumene Prices, page-21
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Last
$3.05 |
Change
0.050(1.67%) |
Mkt cap ! $9.179B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.12 | $3.03 | $45.56M | 14.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 262357 | $3.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.05 | 102070 | 12 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |