At present most analysts rate the price between $2.50 and $3.50. The rest us speculation depending on Li demand and price. There are risks such as alternate technologies but at present none pose a threat. I have heard of Li air as an alternative to Li ion which has around four times the energy density (lighter plus use a lot less Li). If Li prices returned to the highs that PLS achieved then with the profits the MC of LTR would reflect maybe $15 (I don't think this will ever happen but $6 or $7 may be a little more realistic in a couple of years). I would be happy to accept $3.50 from ALB now for zero risk.
LTR Price at posting:
$2.67 Sentiment: Buy Disclosure: Held
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