Don't forget the processors have a big margin as well. TO (Tony) our CEO has referred to this many times. Spod prices have gone down, but processor margins have shrunk as well. Prices for spod are definitely off there highs, but but at around $4,000 us a ton, mining for LTR will still be very profitable. Once legacy (ICE) vehicle manufactures crank up (not util around 2025), Li in imo will take off again. Telsa by 2025, will be producing between 6-8 million vehicles. A true force of nature.
Don't forget the processors have a big margin as well. TO (Tony)...
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Last
90.5¢ |
Change
-0.020(2.16%) |
Mkt cap ! $2.194B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 93.5¢ | 89.0¢ | $26.09M | 28.68M |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 472933 | 90.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 446423 | 6 |
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| LTR (ASX) Chart |