LTR 2.84% 85.5¢ liontown resources limited

ASX Today, page-44873

  1. 2,421 Posts.
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    I feel the same way, LTR needs cash or for the lithium price to bounce hence a smaller investment here than IGO. The lithium leverage on both is huge more so on LTR but whilst growing revenues and production at or near the bottom of the lithium price band is a risky game.

    I will get more either via a raise or if and when the lithium price starts to really lift as LTR is derisking. It's got a fantastic resource we all know that and we will get some commentary on DSO costs next quarterly end of the month.

    I'm here for the long term and no RIO won't buy again i'd be more worried about WES or Gina and a combination of them as WES wants to grow the lithium business they stated that and like Australian assets/Resources and is a smart buyer near the bottom of the price point for the commodity.

    Either way i expect more consolidation in the green energy space as a way to fight China's controls and price stranglehold. Rare earther, Graphite, Lithium etc all dominated by China and the world is starting to take away that power one brick at a time.

    GLAH
 
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Last
85.5¢
Change
-0.025(2.84%)
Mkt cap ! $2.073B
Open High Low Value Volume
89.0¢ 91.0¢ 85.5¢ $9.895M 11.17M

Buyers (Bids)

No. Vol. Price($)
5 86068 85.5¢
 

Sellers (Offers)

Price($) Vol. No.
86.0¢ 1401 1
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