LTR was desperate for cash. They were burning $800k per quarter in exploration costs, and were down to about $800k in cash.
I was expecting $1.6m in cash, which would have given LTR two further quarters of exploration without the need for a CR.
Is this a good deal?
As the Oracle would say....Time will tell......always does.
Ann: Core Acquires Bynoe Lithium Project from Liontown Resources, page-34
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $299.1M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $144.8K | 1.038M |
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| No. | Vol. | Price($) |
|---|---|---|
| 104 | 5064713 | 13.5¢ |
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| 14.0¢ | 1467023 | 40 |
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| Last trade - 10.32am 08/05/2024 (20 minute delay) ? |
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14.0¢ |
Change
-0.005 ( 1.08 %) |
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| Open | High | Low | Volume | ||
| 13.8¢ | 14.0¢ | 13.5¢ | 782584 | ||
| Last updated 10.53am 08/05/2024 ? | |||||
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