Sigma has a new IR presentation on their website.
Only time for a quick read but some major news (unless I missed something last time).
- Now saying they will only produce 270ktpa in 2024. Won't be getting near 500ktpa until 2025 now and no indication on the previously announced 700ktpa production.
- Only $30m cash end of September 2023 - no wonder shorts are all over it
The good news for LRS is that Sigma seems to be confirming that you can produce very high grade DMS only spod at pretty much the lowest cost of anywhere in the world. The presentation is claiming only $445 FOB as their Q4 estimate - which (if true) would seem to confirm why the market is still valuing LRS so highly compare to others around the world
https://ir.sigmalithiumresources.com/wp-content/uploads/2024/02/2024-2-5-Sigma-Lithium-Corporate-Presentation-V11.pdf
LRS General Discussion, page-16873
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Last
23.0¢ |
Change
-0.020(8.00%) |
Mkt cap ! $657.8M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 22.0¢ | $2.179M | 9.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 283000 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 135485 | 4 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
22.5¢ |
Change
-0.020 ( 11.5 %) |
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| Open | High | Low | Volume | ||
| 25.0¢ | 25.0¢ | 22.3¢ | 4224168 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| LRS (ASX) Chart |