Hard to understand the mentality really, I just sit here and scratch my head wondering what they are seeing that I cant...
we de risk by the day and with improving lithium pricing only thing stopping us is a general market crash (which to be honest could happen the way the US is going but that's pie in the sky stuff and not LTR specific)
how are they expecting to get out of this now.(and PLS for that matter) they were given a golden opportunity to convert to long with the CR and the weakness that followed. but they seem to be doubling down like a gambler at a casino that doesn't think they can loose. you would think there would be way more upside with less risk if they closed and went long. could easily see this above double current pricing if they did. do they really think they can get it to 65c to make the same money as $2.60?
as much as I have not been happy with the budget/financing issues we have had, management have NOT let us down regarding operational components and getting this thing towards production. I personally don't think they are about to start now and yes all mines have initial problems but we have had a lot of mines to watch and learn from there mistakes.
regardless going to be an interesting time over the next 12 months
Hard to understand the mentality really, I just sit here and...
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Last
$1.24 |
Change
0.015(1.22%) |
Mkt cap ! $3.006B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.23 | $8.241M | 6.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 87470 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 43680 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.24 |
Change
0.015 ( 0.97 %) |
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| Open | High | Low | Volume | ||
| $1.24 | $1.26 | $1.23 | 2072730 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| LTR (ASX) Chart |