I was going to do a social experiment and say because they will have had 6 months of production LTR will be $10 by end of next year, just to see how many likes I would get
lol.
But hell that’s not my view.
Do not invest on hope!
production will be late, plenty of reasons why but the major one is lack of skilled labour (always is)
LTR will need more money as costs blow out. (Always happens)
TO will never happen because of GR blocking stake unless the TO is GR and she won’t pay $5.
Most EV’s bought will come from China due to very competitive pricing. Already happening. Chinese battery manufacturers will use Chinese Lithium.
As a result of the above, share price this time next year will still be under 1.50.
GLTAH
IMHO
I was going to do a social experiment and say because they will...
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93.5¢ |
Change
-0.050(5.08%) |
Mkt cap ! $2.266B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $49.48M | 52.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 2797617 | 93.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 341986 | 5 |
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| LTR (ASX) Chart |