Interesting way of looking at things.
As you have mentioned many times - 90% of LTR’s product is tied up in offtakes for the first 5 years of production. That’s if LTR does actually reach nameplate as planned.
Long term price weakness expectations as indicated by peers C&M, redundancies and expansion curtailment suggest LTR will HAVE to accept the price floors put in place for its offtakes.
If it’s accepting price floors - that also suggests the price reached on market for the “remaining” 10% would be lower than that.
Given that costs are calculated as an average assumption for the first 10 years - starting very high and then reducing.
Marginal wether it would be worthwhile producing the 10% at all.
Cheers
DYOR IMO
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Last
79.0¢ |
Change
-0.020(2.47%) |
Mkt cap ! $1.915B |
Open | High | Low | Value | Volume |
80.0¢ | 80.0¢ | 78.5¢ | $4.009M | 5.061M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 24950 | 79.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
79.5¢ | 660225 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 24950 | 0.790 |
48 | 1078981 | 0.785 |
42 | 591841 | 0.780 |
24 | 546784 | 0.775 |
41 | 615702 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.795 | 660290 | 26 |
0.800 | 450256 | 18 |
0.805 | 148669 | 7 |
0.810 | 295366 | 13 |
0.815 | 130752 | 5 |
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