"Experts at Wood MacKenzie" - this one made me laugh.
I looked at their pricing assumptions in their LKE Feasibility Study. It's absolutely amateur hour. They have 2028 lithium pricing as being HALF of what it'll be in 2033 and beyond. That couldn't be more incorrect imo. I think that lithium pricing between 2025-2029 (particularly during 2026-2028) will be reasonably higher than it will be in early 2033. Between now and 2033, that gives plenty of time for projects to come online (even the lower quality, higher opex smaller projects).
Beyond the existing players expanding operations (e.g. PLS), and well established developers (e.g. LTR) commencing operations, who else is going to service the 30-40% annual growth in demand? Lepidolite or African-sourced DSO?.....
By 2033, Canada (including Patriot's Corvette project) may have a pretty significant supply of lithium raw materials. By 2025/2026/2027, I suspect they'll be producing very little.
"Experts at Wood MacKenzie" - this one made me laugh.I looked at...
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.28 |
Change
0.040(3.23%) |
Mkt cap ! $3.103B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.28 | $1.24 | $9.465M | 7.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91644 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 108705 | 7 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.28 |
Change
0.040 ( 2.47 %) |
||||
| Open | High | Low | Volume | ||
| $1.25 | $1.28 | $1.24 | 2198902 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| LTR (ASX) Chart |