EV/Lithium, page-1088

  1. 23,880 Posts.
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    @Bluegoose

    ..simple reason: LTR is playing catch-up to the rest of its peers (domestically and internationally) ; holders were blindsided with the sp rocketing to $3 due to ALB earlier bid, had it been not for the $3 TO, it could have been only as high as possibly $2 and the drop would not have been as dramatic.
    ..per my previous post, even at SC6 price of $1200, LTR would have to go down to 38c to give a PE of 18.5x that is aligned with ALB. Valuations -thats what it is all about. Nothing to do with shorts- hefty valuations for the poor outlook provided strong reason for shorts to be emboldened.

    Well it's down 33% in a month. This is a lot more than other producers.

    So give me a good reason?.

    It's not just the lithium price as that would have affected all the other producers the same.
 
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