So as I understand it, LTR isn't expected to hit production until Q2 2024. That is a looooong way away. A lot can happen in that time:
- Lithium price falls
- Delays (labour market still very tight)
- Global recession / downturns
- Credit risk
- Other key project risks
LTR appears very cheap compared to companies like PLS - anywhere in the vicinity of $5-10 for LTR seems reasonable if it were producing right now.
But in lieu of that... the question becomes what is fair value now? And what does a path to production look like? Curious to hear people's thoughts (not just rampers though ). I really want to hold until production as the upside looks immense - but I'm also quite overweight in LTR, and need to manage risk - particularly the risks flagged above.
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Last
67.3¢ |
Change
-0.043(5.94%) |
Mkt cap ! $1.673B |
Open | High | Low | Value | Volume |
70.0¢ | 71.0¢ | 67.0¢ | $5.511M | 8.007M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 611423 | 67.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
67.5¢ | 149325 | 30 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 632758 | 0.670 |
18 | 407933 | 0.665 |
17 | 466046 | 0.660 |
9 | 351614 | 0.655 |
32 | 1094032 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.675 | 168202 | 26 |
0.680 | 393914 | 18 |
0.685 | 409005 | 17 |
0.690 | 56353 | 5 |
0.695 | 287424 | 7 |
Last trade - 11.56am 13/09/2024 (20 minute delay) ? |
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