LTR 5.88% 45.0¢ liontown resources limited

You also are right that Tianqi cannot cover their debts by...

  1. 5,347 Posts.
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    Yes @vmp you are right that Greenbushes stake sale to IGO by Tianqi was a desperate sale and could have probably worth more.
    You also are right that Tianqi cannot cover their debts by Greenbushes stake sale to IGO, and possible will have to liquidise more assets soon.

    Let's not forget all kind of lithium prices (SC6, carbonate and hydroxide) have started to go up in last 3-5 months, but they are still low in term of profit margin in comparison to what iron ore producers are making from dirt.

    I think those lithium prices will at least double in next 2 years and even some poor lithium projects will be escalated to unfair prices because of the market hype.


 
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