LTR 1.14% 89.0¢ liontown resources limited

$1 stock !, page-37

  1. 7,540 Posts.
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    https://hotcopper.com.au/data/attachments/6202/6202381-cb28dd6c5cb9480c1ebddfe850d00729.jpg
    I had a look at Pilbara, they made a whopping $200 million last quarter (NOT GOOD while cashflow went backwards by $300 million ) !

    PLS costs look way too high for the little revenue they getting, they are just going to be burning cashflow for a long time to come !

    That doesnt bode well for LTR !

    I think if LTR want to compete, they need the lithium price to rise or double otherwise its just going to a waste of resource selling a product that loses cash !



 
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