I don't think I could have put things any better.
I have an LTR position contrary to what some of the pumpers on LTR would like to convince themselves. Sub $1.00
I did not rise a position down $2+
The execution risk at LTR plus the need for more capital on their balance sheet to see it through ramp up is reason enough for the shorts.
Anyone thinking you turn a new plant on and start pumping out 6% with 78% recoveries....... YES 78% recoveries, I repeat 78% !!!!, world class numbers, are living in a fools paradise IMO. The mine model does not stack up without hitting those numbers.
LRS is a completely different ball game. Far lower risk part of the cycle. Risks yes, but lower.
LRS General Discussion, page-17119
-
- There are more pages in this discussion • 2,166 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRS (ASX) to my watchlist
(20min delay)
|
|||||
Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $560.2M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 19.0¢ | $7.396M | 37.90M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 155000 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 6311996 | 51 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 155000 | 0.195 |
4 | 301545 | 0.190 |
5 | 568053 | 0.185 |
8 | 853527 | 0.180 |
6 | 1044477 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 5589814 | 40 |
0.205 | 4429697 | 22 |
0.210 | 4625830 | 29 |
0.215 | 1391558 | 19 |
0.220 | 2199510 | 36 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
LRS (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online