LTR 0.90% 82.8¢ liontown resources limited

ASX Today, page-37384

  1. 34,340 Posts.
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    The short positions increased to 159 million!

    Gina made a joint bid for AZS (60% of Andover project) for $1.7 billion after the lithium price has been smashed over 80% (Chinese lithium futures price hit CNY 85,650/ton on 6 December 2023. Gina made the joint bid on 19 December 2023).

    At $1.08/share, currently market cap $2.6B (cash $515m, debt $300m, construction completion over 72%), including spending $1B to develop and build the mine)

    Current LTR cash reserve is sufficient to complete the construction, valuation to construction completion (including the $300m debt) is $2.9B; 100% of the Andover project is valued at $2.8B before construction, adds $1B capex, valuation to construction completion is $3.8B;
    LTR $2.9B Vs Andover $3.8B.

    Always DYOR, All imo.
 
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Last
82.8¢
Change
-0.008(0.90%)
Mkt cap ! $2.012B
Open High Low Value Volume
84.0¢ 85.0¢ 82.0¢ $8.102M 9.701M

Buyers (Bids)

No. Vol. Price($)
22 299743 82.5¢
 

Sellers (Offers)

Price($) Vol. No.
83.0¢ 90056 13
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Last trade - 15.16pm 11/10/2024 (20 minute delay) ?
LTR (ASX) Chart
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