LTR 0.00% $1.23 liontown resources limited

Squeezing out the smaller higher cost producers for the next...

  1. 263 Posts.
    lightbulb Created with Sketch. 59
    Squeezing out the smaller higher cost producers for the next year or 3, well played.

    I would hazard a guess that the large automakers, battery storage and similar companies would be wary of having >25% of world supply coming from one mine? Left field events like Fire, Flood, Quake, etc

    I wonder if this Greenbushes conglomerate is eyeing LTR (for size and low impurity) as a way to reduce risk ie 2 x mine locations geographically separate - but both very profitable due to resource characteristics and scale.

    As LTR resource size grows in this and subsequent drilling campaigns, this will come onto the radar of many groups on a number of levels - size, quality, location, diversification for some major Mining companies.

    SK60
 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
$1.23
Change
0.000(0.00%)
Mkt cap ! $2.970B
Open High Low Value Volume
$1.25 $1.26 $1.22 $7.836M 6.333M

Buyers (Bids)

No. Vol. Price($)
4 39539 $1.23
 

Sellers (Offers)

Price($) Vol. No.
$1.23 12600 3
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.23
  Change
0.000 ( 0.04 %)
Open High Low Volume
$1.25 $1.26 $1.22 2016924
Last updated 15.59pm 03/05/2024 ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.