Bell Potter.
----------------------------------------
Liontown Resources (LTR)
LTR’s Kathleen Valley project now
has binding offtake agreements with
Tesla and LG Energy Solution, key
participants in the EV supply chain,
covering around 60% of the project’s
initial production. With these offtake
arrangements and a cash balance of
$466m at 31 March 2022, LTR is in a
strong position to arrange supporting
debt finance to fund the Kathleen
Valley’s development. Kathleen
Valley is expected to commence
production in 2024 and ultimately
ramp-up production to 550ktpa SC6
by 2026. Key catalysts are now final
project scope and costings, FID and
commencing project development.
Buy (Speculative), Valuation $3.06
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Last
85.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.073B | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 89.0¢ | 84.5¢ | $11.18M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11235 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 19200 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |