News SummaryDJ Liontown Has Enough Funds to Reach Positive Cash Flow -- Market Talk
13 Mar 2024 12:43:483 Views0143 GMT - Liontown Resources shares rise 8.8% to a two-month high of A$1.43 after the miner agreed to a A$550 million debt facility to fund its Kathleen Valley lithium project in Australia. Investment bank Wilsons upgrades the stock to overweight from market weight, saying Liontown has sufficient funds to move the project to positive cash flow in early 2025. "Now that funding has been finalized, another major de-risking hurdle has been cleared on that way to commissioning," analyst Sam Catalano says in a note. With all major mining and construction contracts in place, the risk of a major cost overrun is also swiftly decreasing, Wilsons adds. Its price target on the stock more than doubles to A$1.85 from A$0.85. ([email protected]; @dwinningWSJ)(END) Dow Jones NewswiresMarch 12, 2024 21:43 ET (01:43 GMT)
- Forums
- ASX - By Stock
- LTR
- LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX
LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-3449
-
- There are more pages in this discussion • 841 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
|
|||||
Last
75.0¢ |
Change
0.025(3.45%) |
Mkt cap ! $1.818B |
Open | High | Low | Value | Volume |
73.5¢ | 75.5¢ | 73.0¢ | $8.192M | 11.01M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 825699 | 74.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 321345 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 825699 | 0.745 |
13 | 322701 | 0.740 |
11 | 356297 | 0.735 |
13 | 271349 | 0.730 |
14 | 283308 | 0.725 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 186575 | 5 |
0.755 | 340365 | 15 |
0.760 | 148764 | 3 |
0.765 | 16000 | 3 |
0.770 | 26664 | 8 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online