LTR is currently about 9x our MC. Their resource is at least 10x ours, so relatively speaking, until we get positive news our SP and MC sounds about right. Question is, what then would be fair value after resource upgrades, upgraded DFS, MMP approval and finance? Treble our current figures surely, with some discount for any new CR. 2.5x by year's end, so about 10c SP and $100M MC? Sounds good from where we are now.
Lithium Outlook: Bottoming Prices Signal a Bullish Future, page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.1¢ |
Change
-0.004(4.21%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.5¢ | 9.1¢ | $1.293M | 13.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 692987 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 165000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| CXO (ASX) Chart |