LTR 0.36% $1.38 liontown resources limited

Regarding the progress during the quarter, the fact that we WERE...

  1. 3,450 Posts.
    lightbulb Created with Sketch. 2233
    Regarding the progress during the quarter, the fact that we WERE 90% complete on an "earned value" basis nearly a month ago tells me that we must be perilously close to 100% complete now. I would not be surprised if the qualification "earned value" actually means that what we have contractually agreed to pay on a progressive funding basis to vendors. It is often the case that a small portion of the contracted amount is witheld pending satisfactory operating performance, so I would not expect us to be 100% on an "earned value" basis until we are actually satisfied that the plant equipment is operating, eg. the dry circuit may be virtually 100% complete (as at end of quarter) on an earned value basis given that commisioning had commenced.

    It's an exciting time to be a long term holder!

    regards
    DF
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
$1.38
Change
-0.005(0.36%)
Mkt cap ! $3.345B
Open High Low Value Volume
$1.40 $1.43 $1.38 $11.32M 8.121M

Buyers (Bids)

No. Vol. Price($)
6 235965 $1.38
 

Sellers (Offers)

Price($) Vol. No.
$1.39 5000 1
View Market Depth
Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
Last
$1.38
  Change
-0.005 ( 0.01 %)
Open High Low Volume
$1.39 $1.43 $1.38 1532172
Last updated 15.59pm 14/05/2024 ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.