LTR

4.15%

92.5¢ liontown resources limited

Ann: Investor Presentation - DFS and Downstream Scoping Study, page-191

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cruiser51

6,922 Posts.

1941

12/11/21

12:55

Post #: 57527669
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Originally posted by pidgey ↑

If we do a simple comparison between LTR's and CXO's DFS.

CXO released their DFS on the 26/07/2021. Their market cap was $276 million. Their NPV8 of the project was $A384m. They used a spodumene price of US$850/t (mind you, this was also derived from Roskill's April 2021 forecast). CXO was trading at 72% of their NPV. CXO later released some off-take agreements and their market cap is now in excess of A$1Billion.

If we were to scale up their NPV using the spodumene price which LTR adopted at US$1289/t, their NPV becomes roughly $A582m.

LTR's NPV using US$1289/t is A$4.2 Billion. Current market cap of around US$3 Billion. Trading at 3/4.2 = 72% of their NPV (the same as CXO's when they released their DFS...) and we aren't even including Buldania.

Seems to me like LTR is heavily undervalued at these prices. I'll continue to top up and can't wait for a couple of offtake agreements to be announced.

I welcome any discussions on the above.

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Yup, and when LTR hits $15 TG will be a multi billionaire and gets more brownie points in the AFR.

LTR Price at posting: $1.58 Sentiment: None Disclosure: Not Held
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(20min delay)
Last 92.5¢		Change -0.040(4.15%)		Mkt cap ! $2.243B

Open	High	Low	Value	Volume
94.0¢	95.0¢	92.0¢	$8.521M	9.153M

Buyers (Bids)

No.	Vol.	Price($)
26	369258	92.5¢

Sellers (Offers)

Price($)	Vol.	No.
93.0¢	5600	2

View Market Depth

No.	Vol.	Price($)
17	161831	0.925
36	434133	0.920
14	290407	0.915
40	708990	0.910
14	423032	0.905

Price($)	Vol.	No.
0.930	3600	1
0.935	67300	2
0.940	15000	2
0.945	30000	1
0.950	110600	9

Last trade - 16.10pm 02/08/2024 (20 minute delay)

LTR (ASX) Chart

Ann: Investor Presentation - DFS and Downstream Scoping Study, page-191

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Ann: Investor Presentation - DFS and Downstream Scoping Study, page-191

Top Stories

GreenX picks up prospective copper project in Germany

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Is oil undervalued?

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Venture to sniff out high-grade REE targets at Jupiter project, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News