The short positions increased to 159 million!
Gina made a joint bid for AZS (60% of Andover project) for $1.7 billion after the lithium price has been smashed over 80% (Chinese lithium futures price hit CNY 85,650/ton on 6 December 2023. Gina made the joint bid on 19 December 2023).
At $1.08/share, currently market cap $2.6B (cash $515m, debt $300m, construction completion over 72%), including spending $1B to develop and build the mine)
Current LTR cash reserve is sufficient to complete the construction, valuation to construction completion (including the $300m debt) is $2.9B; 100% of the Andover project is valued at $2.8B before construction, adds $1B capex, valuation to construction completion is $3.8B;
LTR $2.9B Vs Andover $3.8B.
Always DYOR, All imo.
- Forums
- ASX - By Stock
- LTR
- ASX Today
ASX Today, page-37384
-
- There are more pages in this discussion • 4,027 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
95.0¢ |
Change
0.050(5.56%) |
Mkt cap ! $2.297B |
Open | High | Low | Value | Volume |
90.5¢ | 95.3¢ | 90.0¢ | $8.926M | 9.617M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 325562 | 94.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
95.0¢ | 174532 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 305532 | 0.945 |
14 | 225602 | 0.940 |
16 | 461847 | 0.935 |
10 | 293846 | 0.930 |
11 | 128707 | 0.925 |
Price($) | Vol. | No. |
---|---|---|
0.950 | 118618 | 9 |
0.955 | 135218 | 13 |
0.960 | 200057 | 14 |
0.965 | 168141 | 11 |
0.970 | 113112 | 8 |
Last trade - 13.53pm 09/07/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |