Beneficial is a subjective term.
I think what’s more likely is just unfortunate timing. Management set dates for first production but as this neared, SC6 pricesfell below the likely first year’s costs to produce. Not much can be done about this except to try to minimise the impending losses and increase cash reserves to weather the storm for as long as possible.
In a higher SC6 price environment, LTR is obviously profitable, but that’s not where we are.
ASX Today, page-41186
-
- There are more pages in this discussion • 3,763 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
82.5¢ |
Change
-0.005(0.60%) |
Mkt cap ! $2.000B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 81.3¢ | $9.042M | 10.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 131414 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 31205 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |