The goose's rejection of the idea that WES would pay $15B for LTR (27% of the WES MC) as fantasy isn't evidence of a prudent organisation - it's a simple reflection of the fact that WES can't afford to buy LTR. LTR is a highly de-risked, close to production project at the beginning of a possibly decade+ long structural lithium deficit and battery materials supercycle. Everyone is looking for long-term lithium supply, if you want a low risk large resource you're going to have to pay for it - otherwise get out your pick and shovel and start looking like everyone else. Claiming that "Oh, WES bought 50% of Mt Holland back in 2019 for less than $1B" and so LTR is overpriced in 2024/25 is idiotic.
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83.5¢ |
Change
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Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 92.5¢ | 83.0¢ | $25.50M | 28.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28887 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 22350 | 2 |
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