Hi to everyone,
I have been lurking in the background.
Recent price movements have been great and a relief to many however, I believe success here is still dependent on:
1. Secure project financing
2. Project execution
3. Lithium price.
The shorts are betting one or all three above don't work in our favour.
Project execution so far good, but we still need to show the market we can ramp production successfully.
Lithium price appears to have turned. Arcadium realised pricing of over 20k/tonne last quarter for hydroxide and carbonate signals optimism.
However, unless LTR come out Monday and anounce they have satisfied all the conditions of their current short-term debt funding package, or announce they have secured a longer term debt package, I doubt the marketing exercise of a video release on Monday will ahift the dial for us. I am very much looking forward to seeing the video, though.
All the best.
G
ASX Today, page-40333
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Last
$1.30 |
Change
0.020(1.56%) |
Mkt cap ! $3.151B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.32 | $1.29 | $14.22M | 10.93M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 101255 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 79871 | 6 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$1.30 |
Change
0.020 ( 0.75 %) |
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| Open | High | Low | Volume | ||
| $1.29 | $1.32 | $1.29 | 1587215 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| LTR (ASX) Chart |