I don’t think any of us here can deny, that the project has been implemented fantastically. Possibly a little bit gold plated for my liking but delivered.
Unfortunately the timing is terrible.
That is not the companies fault.
But they really need to consider coming online in the current environment IMO.
If pricing is at the same level as it is now this time next year you could be looking at catastrophic re financing for existing shareholders. Something tells me TG will be protecting his capital invested ($955m total for LTR + debt).
I think the recent videos are a case of:
”We delivered the goods”
”We now need to wait for the right time”
Forgive us for not going head on into production.
IMO
I don’t think any of us here can deny, that the project has been...
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Last
61.0¢ |
Change
-0.040(6.15%) |
Mkt cap ! $1.479B | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 64.5¢ | 60.0¢ | $11.74M | 18.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 453484 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 487392 | 4 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |