Total rubbish!
Projects are financed based on contract sales not spot. Contract prices range between $736 per tonne to $930 per tonne for SC6. LTR used the $1400 spot price.
To put that in perspective the lithium company CXO in calculating their value in their DFS used the contract price for SC6 of US $800/t. LTR by using the spot price, US $1400/t means that their value has been inflated by 75%!
Tell me how is that fair to investors, having a monumentally overinflated value of a company!
Where is the ASX, ASIC???
AIMO
Ann: Release of DFS and Updated DSS - Investor Webcast, page-56
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
81.3¢ |
Change
-0.023(2.69%) |
Mkt cap ! $1.988B | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 83.0¢ | 80.5¢ | $2.818M | 3.442M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 61117 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 202650 | 15 |
View Market Depth
| Last trade - 10.59am 09/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |