Tend to agree, the longer these lower spod prices continue, the more focus investors will have on low capital and low opex operations which favours us.
Outside of PLS and MIN, which other ASX Li producers and developers can say they can produce or have a study showing they can produce free cash flow at $1k/t? I think LRS is the only one if I’m not mistaken.
SYA, CXO, DLI, GL1. WC8, LTR all fail to qualify (although LTR has no current cost guidance so who knows?)
Btw, very few ppl hold 8.7m LRS shares (the number traded after close today). So either a large holder may have found a buyer or could it be a broker has been accumulating on market and transferred the shares to their client via this trade?
Tend to agree, the longer these lower spod prices continue, the...
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $489.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 16.5¢ | $1.743M | 10.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 725972 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 212595 | 8 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LRS (ASX) Chart |