No, it shows how hard it is for other lithium juniors to get funding.
What LTR just got locked away ($379M) is just under 50% of what they originally had in October 23 ($760M).
I think this eventually trades weaker, as the concern will be they have much less cash margin of safety if lithium prices remain low over the next 12 months.
Ann: Presentation - Strategic Partnership and Long Term Funding, page-71
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Last
97.8¢ |
Change
-0.028(2.74%) |
Mkt cap ! $2.394B | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | $1.02 | 97.0¢ | $7.333M | 7.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 75812 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 87746 | 24 |
View Market Depth
| Last trade - 15.10pm 22/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |