We will be selling above USD7,000 guys.
Because:
1) the supply deficit is projected to get bigger in 2024, and
2) Our product has 6.5-7.3% grades. Not 5.4%. And
3) Our Offtake contracts were negotiated in a very strong lithium market. Our pricing has a significant UPSIDE exposure via pricing formulas. - you can see why this makes a big difference when you look at PLS and AKE selling price of the same identical low grade 5.4% spodumene but with usd1,001/tonne gap in their prices - such a gap is massive, pls missing out on another aud1 billion profit annually for having a bad contract. Ltr is on the winning side.
LTR is thought leader and setting new gold standards in all front.
ASX Today, page-22409
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Last
83.5¢ |
Change
0.020(2.45%) |
Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 85.0¢ | 81.5¢ | $9.483M | 11.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31655 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 60687 | 8 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |