LTR 5.08% 93.5¢ liontown resources limited

Ann: Liontown and Tesla execute binding Offtake Agreement, page-108

  1. 166 Posts.
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    Based off PLS BMX auction for the same product its 900 mill @ 150,000 DMT. That's ambitious and unlikely. Even at the longer term US1500 DMT price forecast for next year it represent US250 mill in revenue. Its pretty good. Its null and void if they don't get up and running by 2024 and its not that far away. All the risk sits with the producer.
 
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