So as I understand it, LTR isn't expected to hit production until Q2 2024. That is a looooong way away. A lot can happen in that time:
- Lithium price falls
- Delays (labour market still very tight)
- Global recession / downturns
- Credit risk
- Other key project risks
LTR appears very cheap compared to companies like PLS - anywhere in the vicinity of $5-10 for LTR seems reasonable if it were producing right now.
But in lieu of that... the question becomes what is fair value now? And what does a path to production look like? Curious to hear people's thoughts (not just rampers though). I really want to hold until production as the upside looks immense - but I'm also quite overweight in LTR, and need to manage risk - particularly the risks flagged above.
Share price path to production
-
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.01 |
Change
0.043(4.40%) |
Mkt cap ! $2.412B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | $1.01 | 97.0¢ | $8.185M | 8.244M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 111822 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 141488 | 21 |
View Market Depth
| Last trade - 11.59am 12/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |