Hang on tight to your shares!!!!!
"Liontown Resources Ltd (ASX: LTR)
Another ASX lithium share that could offer big returns is lithium developer Liontown Resources.
Its shares have been hammered since its takeover collapsed late last year. While this is disappointing, Bell Potter sees it as a buying opportunity for investors with a high risk tolerance.
It believes the company's Kathleen Valley lithium project is a valuable asset. The broker explains:
LTR owns the Kathleen Valley (KV) lithium project in Western Australia. KV is in development and set to commence production in mid-2024, supplying into Ford, Tesla and LG Energy Solution offtake agreements. The company is funded to complete KV and has a strong cash buffer over and above remaining development and working capital requirements. We expect lithium market sentiment to improve into 2024 as EV supply chain inventories normalise. KV is highly strategic in terms of being large scale and located in a stable mining jurisdiction."
https://www.********.au/2024/02/06/...town Resources Ltd,stable mining jurisdiction.
- Forums
- ASX - By Stock
- LTR
- ASX Today
ASX Today, page-37176
-
- There are more pages in this discussion • 3,284 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.37 |
Change
0.010(0.74%) |
Mkt cap ! $3.321B |
Open | High | Low | Value | Volume |
$1.36 | $1.38 | $1.35 | $5.904M | 4.331M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 129762 | $1.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.38 | 169465 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 129762 | 1.365 |
9 | 214403 | 1.360 |
7 | 157769 | 1.355 |
21 | 270725 | 1.350 |
3 | 61774 | 1.345 |
Price($) | Vol. | No. |
---|---|---|
1.375 | 169465 | 2 |
1.380 | 11140 | 6 |
1.385 | 121160 | 5 |
1.390 | 66854 | 5 |
1.395 | 83772 | 5 |
Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
|
|||||
Last
$1.37 |
  |
Change
0.010 ( 0.49 %) |
|||
Open | High | Low | Volume | ||
$1.36 | $1.38 | $1.36 | 841994 | ||
Last updated 15.59pm 28/05/2024 ? |
Featured News
LTR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online