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81.8¢ liontown resources limited

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

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TrayonRanger

10,104 Posts.

2790

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: 17/09/24

LTR Price at posting: 65.5¢ Sentiment: Buy Disclosure: Held
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Last 81.8¢		Change -0.013(1.51%)		Mkt cap ! $2.012B

Open	High	Low	Value	Volume
82.0¢	83.5¢	81.3¢	$7.018M	8.514M

Buyers (Bids)

No.	Vol.	Price($)
13	75888	81.5¢

Sellers (Offers)

Price($)	Vol.	No.
82.0¢	206981	16

View Market Depth

No.	Vol.	Price($)
41	441902	0.810
20	586252	0.805
34	442648	0.800
14	996276	0.795
26	384384	0.790

Price($)	Vol.	No.
0.815	67334	20
0.820	226368	13
0.825	224427	12
0.830	183266	9
0.835	177660	5

Last trade - 15.48pm 18/10/2024 (20 minute delay)

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