LTR 0.31% 79.8¢ liontown resources limited

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  1. 5,961 Posts.
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    Glencore is going to bid $1.8b for Bald Hill.
    MIN also wants to buy it.

    Bald Hill project has 26mt at 1% grade resource.

    Bald Hill has 265kt L2O veya 655kt LCE

    LTR has 2,340,000t L2O or 5,787,000t LCE

    KV is 8.8 times bigger than Bald Hill

    So LTR's value comes to;

    $1.8b x 8.8 = $15.5b

    Or $7 per share.

    That was the last price I gave on one of my recent posts.

    Of course they all know that.
    Last edited by anatol: 07/09/23
 
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