I think it's an important event, but only in that without increased production things would be in dire straits by 2023. The market should be stable to (more likely) tight the next two years.
The new supply can't make it for 3-5 years, and the market has been overstimulating supply and underestimating demand for some years now since the last Lithium peak.
Tree Shaking, page-25
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Last
3.3¢ |
Change
0.002(6.45%) |
Mkt cap ! $334.5M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.4¢ | 3.1¢ | $880.1K | 27.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 12003419 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 3111729 | 22 |
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| Last trade - 15.40pm 12/11/2024 (20 minute delay) ? |
| SYA (ASX) Chart |