Caught up with the events of today and we see the continue push upwards. We are so undervalued compared the the Aust peers and further afield. AVZ at $1b for 50% of their resource that is stranded for atleast a decade, CXO at nearly $1b at 10% of our size. The presentation tomorrow is a cracker, no offtakes and 50 potential clients begging to get a slice! We are price setters, make no mistake. Offtakes discussions with all players, Automobile, battery makers, converters all over the planet. Beaut!. CEO of VW, "Heh Tony, pick us for your supply, to juice you up a bit we toss in $1b to build your conversion plant next to you mine, you can then ship straight to our battery plant, what you say?"
This is how you build and run businesses. This will be excess of 5MC by Xmas and it should. Underground mining is fantastic and far more environmentally friendly with crazy high resource %... As I said before the size of the mine is only the first step, geographic risk is huge for the buyers. They lock in for years and need to have supply they can rely on, hail, rain or shine.! South America, environmental issues, locals opposing to take their water. Iffy and unstable Governments, Brine not that great for top battery production. DRC, well say no more, pipe dream and will be Chinese owned. So whats left? WA! But guess what, no mine there has any supply left. (Bit of AJM thats it)
So who stands on the peak of the mountain and holds all the aces, LTR! 4th largest resource on the planet. Stable country, top miners all around, Top management, Top infrastructure, Environmentally friendly and with in 10 years, zero carbon foot print. $2 by xmas? Dont think so, try $2.50 +! AIMO
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Last
63.5¢ |
Change
-0.015(2.31%) |
Mkt cap ! $1.576B |
Open | High | Low | Value | Volume |
62.5¢ | 64.0¢ | 61.8¢ | $2.426M | 3.881M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 324324 | 63.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.0¢ | 362665 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 235599 | 0.625 |
12 | 239827 | 0.620 |
14 | 219693 | 0.615 |
10 | 178949 | 0.610 |
16 | 189066 | 0.605 |
Price($) | Vol. | No. |
---|---|---|
0.630 | 115145 | 8 |
0.635 | 215652 | 5 |
0.640 | 284580 | 7 |
0.645 | 93381 | 7 |
0.650 | 126616 | 15 |
Last trade - 10.18am 04/09/2024 (20 minute delay) ? |
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