Australia's largest stock trading and investment forum Australia's #1 stock forum

LTR

Click for more information

1.61%

61.0¢ liontown resources limited

you do realize ALB have onshore processing?

First 496 Last

Share
Profile

Follow
JackSpark

688 Posts.

131

04/04/23

07:50

Post #: 67117561
Share

Originally posted by xanax: ↑

Following on from anatol's very informative posts it seems that ALB are in a difficult situation trying to remain at the top of Li tree.

My current view is that ALB are likely to fail for a number of reasons:
In all take-over talks there is a Business-as-Usual clause which would mean that LTR would be close to production and revenue & de-risked, with the capex spent, increasing the value of LTR.

What LTR is worth today is not the point assuming that the current plans are executed because even in a depressed Li market (in which I don't believe) a finished producing mine is worth more, MUCH MORE.

The big problems for ALB is one, Finance they don't currently have the ware-with-all to complete the purchase, AND, they will need FIRB approval. The Gov. seems to be sending messages to industry to bring on-shore down stream processing: think Lynas. Do you think they will allow the TO, I don't. Also I think the hedge funds and other predators will acquire blocking stakes.

The FIRB has never been known to act swiftly, I can see this rambling on for about 18 months & dying from sheer exhaustion.

Anyway, all fun & games as the feathers fly.

Expand

you do realize ALB have onshore processing?

LTR Price at posting: $2.60 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

SDF

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

GL1

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

FRB

Firebird snaffles Environmental Permit for Jinshi plant

There are more pages in this discussion • 60 more messages in this thread...

First 496 Last

Add LTR (ASX) to my watchlist

(20min delay)
Last 61.0¢		Change -0.010(1.61%)		Mkt cap ! $1.479B

Open	High	Low	Value	Volume
61.5¢	62.5¢	59.5¢	$5.924M	9.789M

Buyers (Bids)

No.	Vol.	Price($)
1	841	60.0¢

Sellers (Offers)

Price($)	Vol.	No.
61.0¢	237774	5

View Market Depth

No.	Vol.	Price($)
1	841	0.600
7	245065	0.595
9	259142	0.590
4	264802	0.585
14	261725	0.580

Price($)	Vol.	No.
0.610	237774	5
0.615	156093	3
0.620	185159	3
0.625	280889	5
0.630	297570	7

Last trade - 16.10pm 10/09/2024 (20 minute delay)

LTR (ASX) Chart