LTR 1.96% $1.00 liontown resources limited

I think it's obvious, initial discussions with Tesla were...

  1. 234 Posts.
    lightbulb Created with Sketch. 396
    I think it's obvious, initial discussions with Tesla were February(ish) and included a price floor and ceiling. No Board (that wanted to remain) would accept other than a price formula referencing spot pricing (or very similiar) in the current environment of rising spod prices.
    Think would be anybody's stance in negotiations for offtakes, maybe exception if need big debt to build mine (as usually the bank wants the floor to guarantee loan repayments). If miner needs/ wants floor price, then customer wants ceiling.
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
$1.00
Change
-0.020(1.96%)
Mkt cap ! $2.424B
Open High Low Value Volume
$1.03 $1.04 97.5¢ $21.57M 21.60M

Buyers (Bids)

No. Vol. Price($)
8 379201 $1.00
 

Sellers (Offers)

Price($) Vol. No.
$1.01 213400 4
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.