The Lithium train is still taking on new passengers, it has to in order to cater for the impending growth explosion of EV, storage etc. The demand will be electric.
LTR has no sovereign or infrastructure risk like that other stock to which you refer, which has been documented ad nauseam.
There is also a new train at the station, by name of Vanadium. LTR has that covered at 100% owned Toolebuc project in Qld - resource estimate ~ 84Mt @ .3% V2O5 Resource extension and testwork before Christmas.
From memory LTR has a fair bit of cash in their pocket.
Incidentally, parked to one side is the Jubilee Reef Gold Project in Tanzania ~390,000oz with significant growth potential. It is held up atm with some regulatory processes but has potential to pay. Nearology Lake Victoria +50Moz
Video Interview: David Richards, MD, at Diggers & Dealers 2018, page-19
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Last
84.5¢ |
Change
-0.010(1.17%) |
Mkt cap ! $2.073B | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.5¢ | 83.5¢ | $1.616M | 1.914M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 154274 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 40489 | 3 |
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| Last trade - 10.40am 18/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |