LTR

2.45%

83.5¢ liontown resources limited

Don’t forget the tantalum. The flowsheet was designed also to...

First 41911 Last

Share
Profile

Follow
vmp

13,601 Posts.

9360

29/07/24

11:14

Post #: 74960178
Share

Originally posted by vmp ↑

It’s time to ignore noises folks and focus on the arrival of the LTR train

What we know

Peers realised prices are as much as USD420/t lower compared to reported SC6 contracted prices -these positions Ltr to achieve as much as $400m cash pa above mediocre projects

Spodumene with grades as low as 2.1% and hundreds of thousands of tonnes at 4% are selling - Yeap customers must be desperate to accept these grades. Implication: there might be an over supply of crappy grades, but not premium grades

There are spruikers showing Africa is dotted with many lithium mines, however a number of these are conceptual and some are also either wrapped in corruption or the size of their project is dust in a scale, drop in a bucket, pollen in the wind, they don’t count in the scheme of things. Same as SA, some projects there have been building since 2017 but their capacity are 2,000 tonnes, not even worth mentioning.

Apparent manipulation of spot prices have caused a number of projects to fall out or uneconomical - even pls made only $100m in the last 9 months. Just imagine guys, PLS have been pumping more than 600k tonnes spodumene for a $100m profit to electrify a million cars. Just imagine guys, a $9 billion company making less than 1/3 of the $300m that pokies in Fairfield generated. So are you saying it’s okay for a $9 billion company with 500 employees and blasting million s of tonnes of rocks to make less than 1/6 of pokies in Canterbury and Fairfield? By the way their $3.3b cash 12 months ago is now down quickly to $1.6b and are expected to spend $1.5n on their WOF, whilst the pokies are resilient

LTR will become a producer this week, end of July, it appears the WOF is yielding 6.3% and a % of recovery that will surprise many.

What we don’t know

Dunno if Ltr will produce a monthly progress report during the ramp up. If recoveries are north of 80% market should be put on notice.

A big week ahead. I’m expecting Ltr will make more money than polices in Canterbury and Fairfield.

all imo

Expand

Don’t forget the tantalum. The flowsheet was designed also to optimise tantalum recovery

It looks like the tantalum revenue is enough to pay all labour related costs, both production and admin.

Do the math

‘Tantalum pentoxide prices, having much lower price volatility, range from US$250 to $310 per kilogram dependent on the quality.’

LTR Price at posting: 98.0¢ Sentiment: Buy Disclosure: Held
34 Upvote

0 Great analysis

Reply

Top Stories

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

IMU

Imugene kicks off Australian trial for blood cancer treatment

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

There are more pages in this discussion • 3,670 more messages in this thread...

First 41911 Last

Add LTR (ASX) to my watchlist

(20min delay)
Last 83.5¢		Change 0.020(2.45%)		Mkt cap ! $2.024B

Open	High	Low	Value	Volume
82.0¢	85.0¢	81.5¢	$9.483M	11.34M

Buyers (Bids)

No.	Vol.	Price($)
3	31655	83.0¢

Sellers (Offers)

Price($)	Vol.	No.
83.5¢	60687	8

View Market Depth

No.	Vol.	Price($)
2	21655	0.830
2	10424	0.825
2	4219	0.820
6	346691	0.815
3	54030	0.810

Price($)	Vol.	No.
0.835	28500	4
0.840	40000	2
0.845	67000	4
0.850	148351	10
0.855	63509	4

Last trade - 16.10pm 08/11/2024 (20 minute delay)

LTR (ASX) Chart

Don’t forget the tantalum. The flowsheet was designed also to...

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

Trump is President Again: What Does This Mean for Crypto?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Universal Biosensors flat despite fresh deal with US medical product distributor

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Imugene kicks off Australian trial for blood cancer treatment

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Don’t forget the tantalum. The flowsheet was designed also to...

Top Stories

Flynn Gold reaches milestone exploration target for Golden Ridge

HotCopper Highlights: Your most watched and most discussed stocks this week

Trump is President Again: What Does This Mean for Crypto?

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Universal Biosensors flat despite fresh deal with US medical product distributor

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Imugene kicks off Australian trial for blood cancer treatment

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News