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 !
$1 stock !, page-37
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Last
95.5¢ |
Change
-0.015(1.55%) |
Mkt cap ! $2.315B | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | 97.5¢ | 94.5¢ | $12.43M | 12.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81419 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 3225 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |