LTR 1.23% 80.0¢ liontown resources limited

ASX Today, page-42549

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    Price for Lithium in all its forms is a subtle balance between supply and demand, technological, geopolitical and global macro economic factors.

    If it becomes uneconomic to mine then care and maintenance is a very real concern. Without reliably knowing the cost of production (which is also greater in ramp up phase) it’s anyone’s guess - but It almost certainly won’t be lower than estimates.

    If the mine did go into C&M - a share price of 50c seems expensive, and at what price would lithium need to be to incentivise a restart?

    I get that you are hoping for a swift bounce - but that is looking unlikely IMO.

    DYOR IMO
 
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