If SC6 follows the recent significant drop in spot carb, then SC6 has every chance of going back under $1k/t.
This happening at the same time as LTR starts production would place huge pressure on the company. LTR trades at a ~20% premium to low cost producers like SGML and I think this premium is highly questionable (depending on whatever cost guidance LTR provides the market when they eventually release a BCFM).
I highly doubt there will be any margin for LTR if SC6 ends up back in fhe ~$900/t range.
If SC6 follows the recent significant drop in spot carb, then...
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Last
83.5¢ |
Change
-0.045(5.11%) |
Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 92.5¢ | 83.0¢ | $25.50M | 28.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28887 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 22350 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |