We may get a bounce at A$0.875 particularly when combined with a SC6 production announcement. However this would be short lived because both LiOH and SC6 prices are still declining. LTR will not be able to produce 600ktns pa of SC6. This volume into an already saturated SC6 market would hit the SC6 price hard and make LTR's SC6 production unprofitable. A situation it cannot sustain for long.
The next QR should make very interesting reading. At some point they will have to reconcile their DFS production target with the current SC6 price and their DFS AISC. A balance will have to be established where FCF is positive enabling them to ride out the weak SC6 market.
IMO
- Forums
- ASX - By Stock
- LTR
- Next Lithium Bull run
Next Lithium Bull run, page-27
-
-
- There are more pages in this discussion • 342 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
65.0¢ |
Change
-0.020(2.99%) |
Mkt cap ! $1.576B |
Open | High | Low | Value | Volume |
67.0¢ | 67.5¢ | 64.5¢ | $6.377M | 9.737M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19866 | 65.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.5¢ | 36467 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19866 | 0.650 |
25 | 696182 | 0.645 |
14 | 910611 | 0.640 |
4 | 239949 | 0.635 |
15 | 336109 | 0.630 |
Price($) | Vol. | No. |
---|---|---|
0.655 | 36467 | 1 |
0.660 | 465555 | 11 |
0.665 | 298119 | 7 |
0.670 | 411177 | 7 |
0.675 | 402353 | 6 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |