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78.8¢ liontown resources limited

$5 stock !, page-357

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JRSelvedge

2,398 Posts.

345

04/06/24

08:18

Post #: 74147990
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Originally posted by dawgfather: ↑

What’s your source for $1,300/t?

Also, SC6 movements lag spot carb movements by ~3-4 weeks typically. The same thing happened when prices bottomed in January. Carb bottomed first and rose first, well before SC6. This makes sense because price signals should first appear further down the supply chain before they come back up towards producers.

Carb is now 25% down from the recent high while SC6 has mostly been holding roughly flat.

Maybe SC6 will miraculously hold up at these levels but I highly doubt it. The questions becomes moreso - how long will prices remain suppressed. Personally I think $1k/t is more likely than not over the next month.

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In my opinion It certainly does cast doubt into the validity of the financial modelling and metrics I’ve seen. This whole project seems to have been based on “champagne lifestyle” but “beer budget” modelling.

And still no news on any finance. Concerning.

DYOR IMO

LTR Price at posting: $1.33 Sentiment: Sell Disclosure: Not Held
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Last 78.8¢		Change -0.048(5.69%)		Mkt cap ! $1.927B

Open	High	Low	Value	Volume
83.0¢	83.0¢	78.5¢	$10.58M	13.17M

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No.	Vol.	Price($)
37	450156	78.5¢

Sellers (Offers)

Price($)	Vol.	No.
79.0¢	130802	34

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No.	Vol.	Price($)
31	156319	0.790
22	602459	0.785
47	895682	0.780
7	1055315	0.775
19	1014129	0.770

Price($)	Vol.	No.
0.795	247880	22
0.800	327072	32
0.805	217590	15
0.810	218064	8
0.815	91343	6

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