If this was a bank loan, would you expect security???? Think about that. Of course you would.
Why has LG opted for security - it has a self interest for LTR to succeed and supply spodumene to it (let alone any moves to a JV for downstream processing between the two). That is the difference here. LG is reliant on LTR spodumene - that is the relationship here and why they have opted for security.
Now that the finance box has been ticked, I am sure you will find a new angle to be negative.
All IMO and have a nice day
Next Lithium Bull run, page-176
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Last
78.5¢ |
Change
-0.020(2.48%) |
Mkt cap ! $1.903B | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.0¢ | 78.0¢ | $6.762M | 8.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 576119 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 196098 | 7 |
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| LTR (ASX) Chart |