Australia's largest stock trading and investment forum Australia's #1 stock forum

LTR

3.45%

75.0¢ liontown resources limited

SYA share price hammered also by short selling. Not to be...

First 18408 Last

Share
Profile

Follow
TRr

307 Posts.

59

16/09/23

13:25

Post #: 69884605
Share

Originally posted by TRr: ↑

A quick note.

I can’t see evidence of the same delays as we see in LiOH refinery in spodumene production.

Sigma and SYA have by-and-large informed market of reasonably successful ramp ups, on time.

[ A significant amount Australian refining capacity might come at once which could make refining more economical? I digress.]

A bit of a look at Sigma, so we can compare their similar value with LTR with the expert valuation in mind for the SoA non-binding proposal with ALB.

Sigma

https://www.finnewsnetwork.com.au/archives/finance_news_network436587.html

https://www.mining.com/sigma-lithium-completes-second-shipment-on-track-to-produce-130000-tonnes-by-year-end/

https://www.fastmarkets.com/insights/brazils-sigma-lithium-looking-at-m-a-proposals-after-first-shipments

Project background:
https://www.mining-technology.com/projects/xuxa-lithium-project-minas-gerais/

Key learnings (correct me if I am wrong):

1. Size of Sigma is half LTR production capacity approx at 270k tpa, detailed engineering underway for expansion to 766k tpa

2. Sigma resource is 54 Mt 1.4%(ish) LiO2 - just over a third of LTRs current measured deposit.

3. MC of sigma is $6.4 billion AUD at today’s share price of $51.02 CAD. Not too much volatility in share price during smooth to date ramp up to produce 5.5%, $3,500 product and a $350 byproduct. Unlike behaviour of SYA share price during ramp up (management, shareholders?). Share price rising recently.

4. Suitors include Tesla according with media reports. Publicly stated strategy to explore merger and acquisition options.

Expand

SYA share price hammered also by short selling. Not to be underestimated in combination with the other factors..

LTR Price at posting: $3.01 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

VYS

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

LLC

Lendlease sells off US east coast construction operations in latest global divestment push

TBN

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

CCO

The Calmer Co’s Anthony Noble reflects on record breaking FY24

CYM

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

HLX

Helix investor makes partial takeover bid, proposing board changes

PYC

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

HVN

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

There are more pages in this discussion • 5,777 more messages in this thread...

First 18408 Last

Add LTR (ASX) to my watchlist

(20min delay)
Last 75.0¢		Change 0.025(3.45%)		Mkt cap ! $1.818B

Open	High	Low	Value	Volume
73.5¢	75.5¢	73.0¢	$8.192M	11.01M

Buyers (Bids)

No.	Vol.	Price($)
11	825699	74.5¢

Sellers (Offers)

Price($)	Vol.	No.
75.0¢	321345	7

View Market Depth

No.	Vol.	Price($)
1	25000	0.745
11	268647	0.740
5	157789	0.735
10	175146	0.730
11	200827	0.725

Price($)	Vol.	No.
0.750	179675	4
0.755	170127	8
0.760	58800	2
0.765	15000	2
0.770	26464	7

Last trade - 16.10pm 30/08/2024 (20 minute delay)

LTR (ASX) Chart

SYA share price hammered also by short selling. Not to be...

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Lendlease sells off US east coast construction operations in latest global divestment push

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

The Calmer Co’s Anthony Noble reflects on record breaking FY24

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

Helix investor makes partial takeover bid, proposing board changes

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

SYA share price hammered also by short selling. Not to be...

Top Stories

Vysarn acquires Waste Water Services Pty Ltd for $7.5M; WWS to become subsidiary as expansion continues

Lendlease sells off US east coast construction operations in latest global divestment push

Tamboran kicks off Shenandoah South pilot project with SS-2H well spud

The Calmer Co’s Anthony Noble reflects on record breaking FY24

WA Nifty copper project steps closer to restart with Cyprium Metals inking $40M loan from Glencore

Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch

Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip

Helix investor makes partial takeover bid, proposing board changes

PYC achieves key designation for drug aiming to treat blinding eye disease ADOA

Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News