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3.41%

85.0¢ liontown resources limited

Lithium Related Media Articles, page-20636

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vmp

13,260 Posts.

9084

07/02/24

22:07

Post #: 72293674
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Originally posted by 8horse ↑

I believe Gina or someone else is likely to make a move after 11 February 2024 (four months rule expires).
It's important to note, that Gina made a joint bid for AZS (60% of Andover project) for $1.7 billion after the lithium price has been smashed over 80% (Chinese lithium futures price hit CNY 85,650/ton on 6 December 2023. Gina made the joint bid on 19 December 2023).

Currently market cap $2.3B (cash $515m, debt $300m, construction completion over 72%), including spending $1B to develop and build the mine)

Current LTR cash reserve is sufficient to complete the construction, valuation to construction completion is $2.6B; 100% of the Andover project is valued at $2.8B before construction, adds $1B capex, valuation to construction completion is $3.8B;
LTR $2.6B Vs Andover $3.8B.
More advanced, few years ahead, but less advanced project is valued at 46% higher than LTR's.
I think she/her team will do the math, it's obviously undervalued.

ALL IMO.

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I don’t disagree @8horse
Just wish we can prepare for a counter punch like a boxer preparing for an upcoming fight. Any idea how that’s possible other than simply polishing our gloves aka executing the project flawlessly ?

Last edited by vmp: 07/02/24

LTR Price at posting: 95.0¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

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(20min delay)
Last 85.0¢		Change -0.030(3.41%)		Mkt cap ! $2.061B

Open	High	Low	Value	Volume
88.0¢	88.5¢	85.0¢	$9.549M	11.08M

Buyers (Bids)

No.	Vol.	Price($)
46	599201	85.0¢

Sellers (Offers)

Price($)	Vol.	No.
86.0¢	100953	8

View Market Depth

No.	Vol.	Price($)
44	594701	0.850
16	328881	0.845
22	152375	0.840
17	63861	0.835
30	144829	0.830

Price($)	Vol.	No.
0.860	100953	8
0.865	28000	3
0.870	70910	4
0.875	1701	1
0.880	212241	8

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

LTR (ASX) Chart