hi @Scarpa, another informative post, thank you. Your point about the importance of recovery rates also means that Gina will not make a play now IMO until she is sure what the projected recovery rates are. I know it will mean that LTR is more expensive for her (good for us) but she and her syndicate will know what they are getting and will justify the higher price. I believe TG has given an indicative price that he and the board will support which can only be justified by proven recovery rates. Therefore I would expect a bid after production starts if we hit the targets. If there are no bids then we are still ahead if the lithium price tracks north and we perform as projected by the Board.
ASX Today, page-39715
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Last
67.0¢ |
Change
-0.045(6.29%) |
Mkt cap ! $1.624B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 67.0¢ | $10.52M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 385809 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 116000 | 4 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |