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$1.23 liontown resources limited

So many unprovable suppositions..

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cobalt play

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21/01/24

10:08

Post #: 71983738
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Originally posted by JRSelvedge ↑

I 100% do believe that. Actually I’ll clarify further:

I believe LTR is “years” way from producing commercially relevant product at volumes required to be economically viable as an ongoing concern - without further finance.

Why?

What LTR is trying to do has never been done before - an underground Lithium mine in Australia. That in itself carries a high risk as there are many unknowns rendering the DFS only partially relevant. If it’s partially relevant it’s not a DFS.

If it’s not a DFS then you can only take production dates/guidelines/volumes/recovery rates etc with a pinch of salt.

Likely it will blow out in terms of cost and time because of the unknown hurdles yet to cross.

DYOR IMO

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So many unprovable suppositions..

LTR Price at posting: $1.20 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.23		Change 0.000(0.00%)		Mkt cap ! $2.970B

Open	High	Low	Value	Volume
$1.25	$1.26	$1.22	$7.836M	6.333M

Buyers (Bids)

No.	Vol.	Price($)
4	39539	$1.23

Sellers (Offers)

Price($)	Vol.	No.
$1.23	12600	3

View Market Depth

No.	Vol.	Price($)
3	28948	1.225
3	30350	1.220
4	26000	1.215
3	15515	1.210
1	5000	1.205

Price($)	Vol.	No.
1.235	18812	1
1.240	56300	3
1.245	40600	4
1.250	255388	11
1.255	68546	3

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last $1.23			Change 0.000 ( 0.04 %)
Open	High		Low	Volume
$1.25	$1.26		$1.22	2016924
Last updated 15.59pm 03/05/2024 ?

LTR (ASX) Chart