Roy Hill was indebted with $10b.
LTR is only $394m to produce positive cash flow at SC6 US$1,392/t, if low price stayed for extra long, still has extra $366m funding available to use, totaling $760m is not really massive. BTW, both iron ore price and crude oil price stayed at very low level only for months. LTR still 5-6 months away from production, by then SC6 is probably going up over US$1,500/t.
all imo.
Roy Hill was indebted with $10b. LTR is only $394m to produce...
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Last
92.3¢ |
Change
-0.033(3.40%) |
Mkt cap ! $2.315B | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.0¢ | 91.5¢ | $14.38M | 15.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 350066 | 92.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 148380 | 18 |
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| Last trade - 13.34pm 03/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |