AZS now is valued at an Enterprise Value of ~$1.8b, valuing the Andover Project (their far and away best asset) at ~$3b.
IMO, that's a pretty absurd comparison to LTR, given how incomparably far ahead LTR is.
It seems that the Andover project will be a better resource then LTR. However, LTR's resource is still a high grade Tier 1 resource, in the same jurisdiction as AZS', permitted, native title agreement in place, offtakes secured, Sumitomo agreement in place, and most importantly, 6 months away from completion (and probably 8 months away from first production).
To me, that provides great confidence in the future of the lithium mining sphere.
AZS now is valued at an Enterprise Value of ~$1.8b, valuing the...
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.28 |
Change
0.040(3.23%) |
Mkt cap ! $3.103B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.28 | $1.24 | $9.465M | 7.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91644 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 108705 | 7 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.28 |
Change
0.040 ( 2.47 %) |
||||
| Open | High | Low | Volume | ||
| $1.25 | $1.28 | $1.24 | 2198902 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| LTR (ASX) Chart |