LTM was heading toward $2 a share before RIO came along. I should know, I was holding the stock.
So, you're only justification for LTR & SYA to have the same valuation is because and in your words they're "both ASX listed stocks that started within a year of one another."
Do you have any insights on LTR & SYA around the following?
Figures on shipped tonnage?
Expansion plans?
Grades being mined? Will they rise or fall over the coming months?
Production costs. Will they rise or fall?
Debt levels.
SYA Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
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