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$1.40 liontown resources limited

Wow US$963/t in 2025......Thats FOB, no shipping transport, no...

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29/03/24

10:01

Post #: 73115907
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Originally posted by SugeKnight: ↑

A few posters keep posting that LTR is a "high cost producer". I came across this recent note from Citi analysts which predict/forecast LTR will have FOB cash costs of US $542 /tonne by 2026.

That puts LTR on par with PLS on the cost curve (quite good and at the lower end of the cost curve) - certainly not a high cost producer. (See Pink highlight on photo above)

Initially however, when production first begins, the cost will be higher. They predict US $963 /tonne in 2025 (see blue highlight). So still profitable if all goes well, at current prices, and then will gradually improve

You can clearly see why CXO is in care & maintenance with costs of ~1500 USD/tonne

Shorts have bets on PLS simply because they're betting against lithium

LTR shorts would be the same, but in addition, the potential for things to go wrong during initial start up

Point is however, long term, LTR is looking to be a great project similar to PLS. That's why it remains a high potential M&A target imo.

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Wow US$963/t in 2025......
Thats FOB, no shipping transport, no Royalties......
Then there's the loans to repay......
Fair to say 2024 cost will be double that......
The $963 is average cost so higher till mid year......
US$542/t in 2026 .... we'll see.......

LTR Price at posting: $1.17 Sentiment: Sell Disclosure: Held
2 Upvote

0 Great analysis

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(20min delay)
Last $1.40		Change -0.005(0.36%)		Mkt cap ! $3.357B

Open	High	Low	Value	Volume
$1.40	$1.40	$1.38	$1.983M	1.424M

Buyers (Bids)

No.	Vol.	Price($)
17	32627	$1.40

Sellers (Offers)

Price($)	Vol.	No.
$1.40	135075	41

View Market Depth

No.	Vol.	Price($)
21	23523	1.395
13	142979	1.390
13	93696	1.385
18	208638	1.380
12	101633	1.375

Price($)	Vol.	No.
1.400	177392	27
1.405	100142	8
1.410	173855	13
1.415	183338	6
1.420	267714	6

Last trade - 11.22am 16/05/2024 (20 minute delay)


Last $1.40			Change -0.005 ( 0.12 %)
Open	High		Low	Volume
$1.40	$1.41		$1.38	623480
Last updated 11.42am 16/05/2024 ?

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