No, it shows how hard it is for other lithium juniors to get funding.
What LTR just got locked away ($379M) is just under 50% of what they originally had in October 23 ($760M).
I think this eventually trades weaker, as the concern will be they have much less cash margin of safety if lithium prices remain low over the next 12 months.
Ann: Presentation - Strategic Partnership and Long Term Funding, page-71
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Last
99.0¢ |
Change
-0.015(1.49%) |
Mkt cap ! $2.443B | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | $1.02 | 98.0¢ | $5.316M | 5.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 163128 | 98.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 69222 | 30 |
View Market Depth
| Last trade - 12.57pm 22/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |