LTR 4.15% 92.5¢ liontown resources limited

ASX Today, page-35057

  1. 5,949 Posts.
    lightbulb Created with Sketch. 20441
    I forgot to add supporting document about Greenbushes and BYD's financial facts. Here they are;

    This is from IGO's Sept. Quarterly report.
    Quarterly Revenue: AU$ 2.244bn
    Profit EBITDA : AU$ 2.039bn (US$1.345bn)

    90% profit..!
    How good is that.

    And that's happening when they sell the SC6 spod at US$3,750/t

    (PC: GB uses ave. 2.7% ore grade to achieve very low cost. That means they are wasting their high grade ore and will run out of it even quicker than estimated -before 2032)

    https://hotcopper.com.au/data/attachments/5782/5782875-1ab2336c177d4f5bc2ea3ab6f685ddb2.jpg

    This is now BYD's quarterly net profits in RMB (1 US$=7.1 RMB)
    Sept quarter profit is RMB 10.4bn (US$ 1.465bn)

    https://hotcopper.com.au/data/attachments/5782/5782888-85069fae5d86ca81a90216bcdc6878ed.jpg





 
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