E3 Lithium Ltd. V.ETL

Something to watch?

[Shackle12]

Def not doom and gloom on my part, but it is somethin to watch.

In Part...BEIJING, March 24 (Reuters) - China's lithium prices are plunging faster than expected this year, down 34% in the last four weeks alone, hit by a slump in demand for electric vehicles in the world's biggest market that has left stocks of the metal piling up.

BEIJING, March 31 (Reuters) - China's top lithium producers agreed this week to set a floor price of 250,000 yuan ($36,380) per tonne of lithium carbonate, six people familiar with the matter said, in an effort to slow a plunge in the price of the battery raw material.

always DD advised

[Greatvac1]

Lithium Hydroxide is over $68,000 LME

[Shackle12]

Agree with you but Asian numbers are too Be watched LME progresses plan to provide pricing solutions for the lithium industry Following extensive market engagement, the LME is announcing today that it is partnering with price reporting agency Fastmarkets to promote market uptake of a transparent and representative global lithium LME progresses plan to provide pricing solutions

[UNKLAL]

It's the world price for lithium that actually matters n the lack of supply!!! BTW the lithium produced by E3 is battery grade, so in my opinion is more valuable. There is a huge number of clients that will jumping to be included on E3's customer list. Lets get the product produced n out to the market. E3's valuation will be going to the stars, in my opinion!!! UNKLAL

[Shackle12]

LOL hope we are right, or the wife is going to wring my neck! IMHO E3 is looking like a winner. Great time to be Bullish on Lithium. as usual DD advised GL longs