Lol. It did go from 3c-29c & it did get to $1.89 as you well know.
I can wait for as long as it takes to get to $3.
Should Lake get to production what price do you think the share price would be at that point?
That’s what I’m waiting for and I’m in no hurry.
Btw, we’re still in uncharted water wrt Lithium pricing & yes the disconnect is real and continues as pointed out by leading analysts such as BMI & BR.
Prices may have come off the top of $75k/t but expectation is that they’ll continue to be in the $50k/t - $60k/t range for a year or two. However, even if the drop to a conservative $25,000 - $30,000/t the margins on offer remain extremely good.
This remains the case for all lithium companies looking to produce within 3/4 years.
Lol. It did go from 3c-29c & it did get to $1.89 as you well...
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Last
6.2¢ |
Change
0.003(5.08%) |
Mkt cap ! $102.8M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.3¢ | 6.0¢ | $300.6K | 4.888M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 113043 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 537045 | 10 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
6.2¢ |
Change
0.003 ( 3.16 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.3¢ | 6.0¢ | 2590872 | ||
| Last updated 15.58pm 06/05/2024 ? | |||||
| LKE (ASX) Chart |