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 !
I had a look at Pilbara, they made a whopping $200 million last...
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Last
90.0¢ |
Change
-0.015(1.64%) |
Mkt cap ! $2.182B | |||
| Open | High | Low | Value | Volume |
| 91.5¢ | 92.0¢ | 89.0¢ | $9.918M | 11.01M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 113970 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 20424 | 4 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |