LTR 2.16% 90.5¢ liontown resources limited

Commenting on the termination of the KV Royalty, Liontown...

  1. vmp
    13,173 Posts.
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    Commenting on the termination of the KV Royalty, Liontown Managing Director, Tony Ottaviano, said: “The termination of this royalty is expected to enhance the NPV of Kathleen Valley and lower its position on the cost curve. It will further cement the Tier-1 credentials of the Kathleen Valley Project at a time when the outlook for the lithium market continues to improve. This is a value-accretive opportunity which removes a source of value leakage for the Project and lowers future operating costs.”


    The upside is actually bigger than I thought. I thought the $70 was aud, it’s actually USD. That means AUD100/tonne straight into LTR’s bottom line. Massive. The DFS will be a cracker as a result of this move.



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    Last edited by vmp: 02/08/21
 
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