LTR 1.96% $1.00 liontown resources limited

You may be correct with many of your figures . However I’m not...

  1. 946 Posts.
    lightbulb Created with Sketch. 242
    You may be correct with many of your figures . However I’m not sure about being able to commission anything much in 3 years ! Bloody good effort if they do . Also if they supply enough Lithium for 1 million cars a year , didn’t the Chinese buy 1 million last month ? The world may need every bit that they can get ? Also the expansion of grid battery use is happening and will only grow ? We are all guessing but it appears that those that rubbished the idea of China running down its supply of Lithium got it wrong ? It also looks like the narrative around an oversupply , this year are wrong ? The latest estimates that I’ve seen are suggesting a possible under supply ?Lots of buying going on , forcing up the price . LTR should help meet battery demands , it is obviously going to be high quality battery grade material that is sought after and that’s what we’ve got . I might be over simplifying it but compared to many other producers ( Lepidolite , brine , Africa ) LTR is in a good jurisdiction , with a good resource and management . If the Lithium price keeps sneaking up , it should be an amazing investment .
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
$1.00
Change
-0.020(1.96%)
Mkt cap ! $2.424B
Open High Low Value Volume
$1.03 $1.04 97.5¢ $21.57M 21.60M

Buyers (Bids)

No. Vol. Price($)
8 379201 $1.00
 

Sellers (Offers)

Price($) Vol. No.
$1.01 213400 4
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.