Yes, but we all know their productions costs during this ramp will be high. They are going to be burning a lot of cash at anything under $1,200 USD in my view.
They need to build that contingency. If the last 2 years have taught us anything it's to expect the unexpected. Unless the lithium price moves fast and stays meaningfully higher LTR will raise IMO.
ASX Today, page-44225
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
83.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.024B | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 85.0¢ | 80.0¢ | $12.15M | 14.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 263169 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 338091 | 8 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |