Good News & Bad News, page-22538

I was hoping to see closer to $5 today

Why is LTR up so much - when last week they announced

additional scope and cost escalation has resulted in Kathleen Valley’s estimated capital cost to first production from the process plant increasing to $895 million inclusive of $40 million in contingency.

As a comparison, in June, Liontown revised its pre-production capital cost estimate from $473 million to $545 million.

The issue here is that Liontown revealed that it has spent $73 million on the project to date, bringing down the remaining capital cost of to $822 million including its contingency funds. However, it only has ~$685 million of remaining funds, comprising ~$385 million in existing cash reserves and $300 million via a debt facility.

PLS is just making ALOT of profit - this is still not reflected in the current sp.

Does that mean some Li stocks are bubble in the making, while others are waiting to be appreciated and go up in sp?