LTR 2.45% 83.5¢ liontown resources limited

Ann: Project and Funding Update, page-405

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  1. 1,075 Posts.
    lightbulb Created with Sketch. 406
    Sorry @anatol but we at LTR do have a problem.

    • We were told 'fully funded' - not anymore
    • Lithium spot price is in the bin
    • ALB bid at $3 foiled by Gina
    • SP price down by 70% from that TO bid sitting under $1
    • DFS costs for underground mining will be a lot higher than forecast.
    • Margins will be tiny at current lithium prices.

    Let's just keep things real and in perspective here and not pretend we don't have issues or saying we don't have a problem.

    This is when we see how good our management team are and if they can manage to get LTR out of this problematic situation.
 
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