If It was 2016/17 when punters were foaming at every hint of lithium, we'd have a market cap of 100mill+. The market sentiment is very dIfferent now and has probably swung the other way where extreme caution is being applied when investing In Lithium due largely to Morgan Stanley and Mac bank putting the frighteners on by fuelling oversupply fears and a slipping (to more sustainable level) LCE "spot" price. BUT, the growth of demand and EV uptake continues in a very positIve direction for the sector.
Global Lithium podcast ep19 & 20 discuss the above in good detail.
LTR has a very nice deposit in KV and Buldania looks to have the goods also. That being said we don't even have a scoping study at this stage so we've got a long way to run and as we meet milestones the share price will reflect our achievements.
Ann: Second significant lithium discovery in WA at Buldania, page-28
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Last
84.5¢ |
Change
-0.010(1.17%) |
Mkt cap ! $1.612B | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 86.5¢ | 83.5¢ | $5.151M | 6.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23487 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 286512 | 4 |
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