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64.8¢ liontown resources limited

One tinney winney point;...." KV [grade] is not as good [high]...

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TrayonRanger

9,910 Posts.

2713

17/09/24

10:56

Post #: 75706323
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Originally posted by xxLiONxx: ↑

Out of no fault of ours - Investors always measure the "value" by the "current" spot prices of commodities their mines produce. Whereas the true reflection of value in the long run are:

a) Quality of deposit: KV is one of the best in the world
b) Quality of Engineering, Construction, Ramp up etc: KV is world class engineering and construction. Fully constructed and fully funded to complete the ramp up that is ongoing but so far no issues
c) Position on the cost curve: KV is not as good as Greenbushes but it is still firmly to the left of the cost curve. Once the ramp up is complete management focus will be on optimisation and costs.
d) Long term fundamentals of the commodity: Lithium may be down today but longer term its fundamentals are solid
e) Partners: solid credit worthy partners like Tesla, LG etc here.

If I take a step back from the short term lithium prices and look at all of these other value drivers - I feel we have a real bargain at 67c. I bought more!

Not and advice - DYOR

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One tinney winney point;....

" KV [grade] is not as ~~good~~ [high] as Greenbushes but " is tier one and will be producing long after theirs has petered out.

Otherwise;...

Last edited by TrayonRanger: Today, 10:57

LTR Price at posting: 65.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 64.8¢		Change -0.023(3.36%)		Mkt cap ! $1.582B

Open	High	Low	Value	Volume
67.0¢	67.5¢	64.5¢	$4.794M	7.303M

Buyers (Bids)

No.	Vol.	Price($)
46	653321	64.5¢

Sellers (Offers)

Price($)	Vol.	No.
65.0¢	331751	37

View Market Depth

No.	Vol.	Price($)
45	661173	0.645
27	558020	0.640
10	367108	0.635
17	602218	0.630
13	813720	0.625

Price($)	Vol.	No.
0.650	203479	28
0.655	374046	23
0.660	480644	25
0.665	175867	7
0.670	578381	11

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