So as I understand it, LTR isn't expected to hit production until Q2 2024. That is a looooong way away. A lot can happen in that time:
- Lithium price falls
- Delays (labour market still very tight)
- Global recession / downturns
- Credit risk
- Other key project risks
LTR appears very cheap compared to companies like PLS - anywhere in the vicinity of $5-10 for LTR seems reasonable if it were producing right now.
But in lieu of that... the question becomes what is fair value now? And what does a path to production look like? Curious to hear people's thoughts (not just rampers though). I really want to hold until production as the upside looks immense - but I'm also quite overweight in LTR, and need to manage risk - particularly the risks flagged above.
Share price path to production
-
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
86.5¢ |
Change
-0.015(1.70%) |
Mkt cap ! $2.103B | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.5¢ | 85.0¢ | $6.103M | 7.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 187606 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 91489 | 35 |
View Market Depth
| Last trade - 14.46pm 08/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |