The upper limit is somewhere close to $2.00 if Gina has a crack. The rise to over $3.00 was based on one company's valuation (ALB) as I posted back in July so you can take that target out of the equation. The lithium price won't be seeing anywhere near the highs again which influenced LTR's $3.00 valuation, demand acceleration is slowing, more supply is coming on line, China is all too powerful... Yup $2.00 tops and that's if Gina wants to pay it and the shorters scarper.
Going into production? It'll stick around this price because KV won't be making a dime in the first couple of years.
Then there's the RECESSION looming.
Get real dudes.
ps: you'd better hope the banks are friendly!
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Last
91.5¢ |
Change
0.015(1.67%) |
Mkt cap ! $2.218B | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 92.8¢ | 83.5¢ | $30.50M | 35.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 112916 | 91.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 310543 | 36 |
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| LTR (ASX) Chart |