Just my opinions here, a lot of the gains we are seeing of late are because we own 8% of a stock by the name of CXO which has seen a lot of growth over the past few weeks.
The sale of non-core tenements for cash + a percentage of CXO has been really good for increased our liquid asset position.
I believe we sit somewhere around the 5.5 Million dollars worth of assets with around 2 million dollars worth of cash in the bank ready for drilling "early" next year.
We also hold some very promising positions with strong grades of lithium which are increasing confidence in what LTR will produce when drilling begins.
I am so far from an expert though and am learning day to day what affects SP movement and understanding company fundamentals but this is what I believe is driving the SP.
DYOR and anybody feel free to guide me where I am wrong here.
Just my opinions here, a lot of the gains we are seeing of late...
-
- There are more pages in this discussion • 233 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
67.0¢ |
Change
-0.045(6.29%) |
Mkt cap ! $1.624B | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 67.0¢ | $10.52M | 15.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 385809 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 116000 | 4 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |