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80.5¢ liontown resources limited

So GS is down ramping on one side, but buying on the other side,...

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Lilow

9,194 Posts.

2362

04/01/24

09:57

Post #: 71719705
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Originally posted by 8horse ↑

Crude oil price dropped below zero, but then fast recovered to normal level within a year, hit high US$120/barrel in 2 years. More comparable, iron ore price dropped around 75% to US$39/t in December 2015, started recovering in January 2016, bounced to US$95/t in a year where Goldman Sachs forecast iron ore price to be US$35/t.

PLS currently is mainly selling to Chinese offtake partners, which had a significant discount, here’s the summary, View attachment 5864248

As LTR will be mainly selling to Tesla, Ford, non Chinese offtake partners, linked to hydroxide price, the sale price should be much better. Also, if achieves high grade as planned (>=6% Li2O spodumene concentrates), price should be very good even at current depressing lithium price.

Goldman Sachs is shown as top net buyer last week,
View attachment 5864251 View attachment 5864254

ComSec was no.1 net seller.

always DYOR.
All imo.

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So GS is down ramping on one side, but buying on the other side, typical shrewd nasty lot they are! No surprises there from the nasty so and so’s!

LTR Price at posting: $1.62 Sentiment: Buy Disclosure: Held
35 Upvote

2 Great analysis

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Last 80.5¢		Change 0.020(2.55%)		Mkt cap ! $1.952B

Open	High	Low	Value	Volume
77.5¢	82.0¢	74.5¢	$12.97M	16.44M

Buyers (Bids)

No.	Vol.	Price($)
6	101850	80.5¢

Sellers (Offers)

Price($)	Vol.	No.
81.0¢	80175	4

View Market Depth

No.	Vol.	Price($)
6	101850	0.805
15	215152	0.800
6	294366	0.795
10	191186	0.790
3	78273	0.785

Price($)	Vol.	No.
0.810	80175	4
0.815	153453	9
0.820	215182	9
0.825	268605	10
0.830	159369	12

Last trade - 16.10pm 02/10/2024 (20 minute delay)

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