Another spin on the hard times...
I'm wondering what a downturn does to the development of non-financed investment in new Li Mines (gaining access to capital to get it off the ground). Could it be that it pushes out a longer Li deficit (as there is no new supply) and as a result a higher spod price and bigger margins for LTR from 2024?. obviously a downturn would result in some reduction in demand but would this reduction be compensated by govt initiatives in EV/ battery storage etc?
Thoughts...
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Last
65.0¢ |
Change
-0.020(2.99%) |
Mkt cap ! $1.576B | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.5¢ | 64.5¢ | $6.377M | 9.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19866 | 65.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.5¢ | 36467 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |