A good article just now in AFR referencing the head of DVP, Bill Beament. He describes the close door discussions happening in boardrooms involving lithium and securing its supply is nothing like seen in the past 50 years in Australia (ie when the Pilbara was opened up to iron ore mining). Car manufacturers, battery makers and chemical companies are all cold-calling lithium hopefuls and miners to get access to supply for lithium and other battery metals. He stated all the top 5 stocks in the ASX 200 over the past 3 years were lithium miners (i.e. LTR, PLS, CXO, LKE and SYA).
After the world normalises from inflation/recession he comments the structural bull market in copper, zinc, lithium, cobalt, nickel and rare earths is frightening due to the commitments that every government, every big business, every car company have made on net zero energy.
EM2 is an absolute bargain ATM but will not be in 2025. Bill Beament has also stated in recent article that Cu is more of a 2024/25 play.
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A good article just now in AFR referencing the head of DVP, Bill...
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4.9¢ |
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0.001(2.08%) |
Mkt cap ! $19.25M |
Open | High | Low | Value | Volume |
4.8¢ | 4.9¢ | 4.8¢ | $11.35K | 231.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 46 | 4.9¢ |
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Price($) | Vol. | No. |
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5.3¢ | 143630 | 2 |
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No. | Vol. | Price($) |
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1 | 46 | 0.049 |
1 | 100060 | 0.048 |
2 | 22000 | 0.046 |
4 | 416150 | 0.045 |
1 | 23278 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 143630 | 2 |
0.058 | 17 | 1 |
0.060 | 106868 | 2 |
0.061 | 34500 | 1 |
0.062 | 91040 | 2 |
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