Commenting on the termination of the KV Royalty, Liontown Managing Director, Tony Ottaviano, said: “The termination of this royalty is expected to enhance the NPV of Kathleen Valley and lower its position on the cost curve. It will further cement the Tier-1 credentials of the Kathleen Valley Project at a time when the outlook for the lithium market continues to improve. This is a value-accretive opportunity which removes a source of value leakage for the Project and lowers future operating costs.”
The upside is actually bigger than I thought. I thought the $70 was aud, it’s actually USD. That means AUD100/tonne straight into LTR’s bottom line. Massive. The DFS will be a cracker as a result of this move.
ASX Today, page-5913
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Last
91.0¢ |
Change
-0.025(2.67%) |
Mkt cap ! $2.206B | |||
| Open | High | Low | Value | Volume |
| 94.0¢ | 94.5¢ | 89.0¢ | $26.52M | 29.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38516 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.5¢ | 319359 | 5 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |