Here's my exercise, obviously initial production will be higher than the average, but I don't expect ridiculously higher as CXO's, due to 6 times of annual capacity LTR has.
LTR's initial 3mtpa processing capacity, designed to produce around 600,000 tons spodumene concentrates per year, I worked at 500,000 tons, more conservative, also added interest on assuming $600m loan at 10% interest, all in sustainable cost would be around US$700/ton SC6. Currently Chinese spot FOB price is around US$850/t; as LTR production is to commence in mid this year, where Futures price indicates spodumene concentrate price would be around US$1,015/ton, LTR would still be able to generate profit around $229m.
All imo.
ASX Today, page-36994
-
- There are more pages in this discussion • 5,257 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
90.0¢ |
Change
0.030(3.45%) |
Mkt cap ! $2.206B | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 92.5¢ | 88.0¢ | $6.017M | 6.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 156054 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 85342 | 27 |
View Market Depth
| Last trade - 11.55am 06/08/2024 (20 minute delay) ? |
| LTR (ASX) Chart |