As I suspected there is no elephant in the room. Simply a over hyped for its current project stage. The market will return balance and to fair value eventually (probably @ DFS time as mentioned before).
I see some here praying out for BHP and or RIo a takeover. Why would they spend $3.5b on LTR which is years away from mining when they can have PLS for 2x the cost which is producing right now. Or AVZ which has +100 years of higher grade resource. BHP already seriously looking in DRC for a Cu acquisition. I don't buy the LTR takeover story frankly. Not until all those tasks above have been completed.
As I suspected there is no elephant in the room. Simply a over...
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Last
79.0¢ |
Change
-0.020(2.47%) |
Mkt cap ! $1.915B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 77.5¢ | $10.13M | 12.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 365849 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 35511 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |