..even the most glass half fulled investors must see that any rise in the stock price needs to be accompanied first by a de-risk of funding aspect and commissioning/production.
..and it would need to update its financial model with latest cost and price inputs to provide a more realistic projection of its Project NPV based on new production plans. Its current DFS has a NPV of $4.2B based on a US$1400/t price, this gives a price of circa $1.75; we will know soon how much this would be downgraded when the new model is completed.
..so we can't get ahead of ourselves expecting a re-rate back to $3 until we can get past the above hurdles. And as we know, the macro landscape for EV market has changed quite significantly (see my earlier posts).
..even the most glass half fulled investors must see that any...
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.16 |
Change
-0.020(1.69%) |
Mkt cap ! $2.812B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.16 | $15.36M | 13.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 93782 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 40000 | 2 |
View Market Depth
| Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.16 |
Change
-0.020 ( 2.13 %) |
||||
| Open | High | Low | Volume | ||
| $1.19 | $1.19 | $1.16 | 2578713 | ||
| Last updated 15.59pm 10/06/2024 ? | |||||
| LTR (ASX) Chart |