Not really an overreaction. Lots of market dynamics have changed since 12 - 24 months ago.
ALB bid didn't go ahead, Gina purchase blocking stake, ALB selling all their stake in LTR, Finance has fallen through hence the need to adjust capex, lithium spot price is in the gutter - hence the margins will be almost non-existent, costs will be higher than the DFS.
Toughest period coming up and could last 12 - 24 months
Ann: Project and Funding Update, page-193
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Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 472933 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 446423 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |