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Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of... see more

TSXV:CRE - Post Discussion

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Post by SOURCEMAN1 on Dec 13, 2023 2:39am

Fastmarkets

https://www.fastmarkets.com/insights/spodumene-prices-continue-to-fall-amid-weaker-demand-for-lithium/
Comment by bigops on Dec 13, 2023 7:47am
Thanks for sharing Sourceman....not a rosy picture for spot price. That said -- if you look at the big players....they are reporting very reduced levels of inventory....I don't know when the spot price turns, but miners need to break even to produce and OEMs need product to pump out batteries etc.... It is also super important to remember that very few if any transactions in the Li or ...more  
Comment by Wheeler on Dec 13, 2023 8:18am
From twitter this morning, tried to cut and paste the graph , not sure how well it will work, really is difficult to get consistent and reliable data in the lithium market, one thing I've learned about lithium investing is that you really have to spend time trying to figure out what intel to trust and what to take with a grain of salt, fast market article puts spot SC6 at $1000-1200 and price ...more  
Comment by Wheeler on Dec 13, 2023 8:19am
Looks like the graph didn't work 
Comment by m73hx454 on Dec 13, 2023 10:44am
Pricebot is based on metals.com - metals.com is excluding some "extreme" low deals with low quality material. 95% of spod traders are happening at the price level of metals.com/pricebot. So both Fastmarkets and Pricebot are correct. But Pricebot with it's higher price is more "real". I got this info from metals.com because I was curious. 
Comment by Wheeler on Dec 13, 2023 11:33am
Didn't know, thanks 
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