LTR 0.60% 82.5¢ liontown resources limited

Ann: Trading Halt, page-94

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  1. 10,110 Posts.
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    Thanks, but I think you over estimate me. However, I realise that things do not always get done by the most capable, but the most motivated. (in this case, the most dobbed in) So here is my feeble effort to the AFR;

    "Hello AFR

    I'm sure you people are well aware, but just to be Irish, here is a heads up - LTR.

    The fellows who are running this marvel are HEAVILY invested with their own doh-ray-me.Why? "Simples", as Alexander would say, because the finds are nothing short of spectacular coupled with marketable high grades too!

    Why hasn't EVERBODY in the investment community heard and jumped on board. Because its NEW technology and seen by many as voodoo or just too mysterious and unknown. But, and there is always a but. The FACTS are lithium in needed for batteries NOW for EV vehicles that are in production NOW and quality lithium will soon be in short supply. And, not to mention for home battery storage coming to a town near you - again, soon!

    I hear you moan that there are problems in the industry. Yes, and this is the good part about LTR, we are late to the party and therefore able to look at the mistakes of others and say, Yeah, nah! Let's NOT do that.

    Sure, there are others who are producing lithium, but how many have the grade and the quantity with access to convenient infrastructure in a sovereign secure country?

    That there presently isn't a stampede to lithium miners is due to the unbelievable ineptness of those who have not yet secured supply and are going to be severely punished when they wake up to the fact that lithium batteries are NOT an off the shelf, over the counter product - yet. Oops, too late and now we must pay a premium. "Dang, wish we'd thought of this sooner"! Will undoubtedly be the forlorn cry.

    Why am I going to all this trouble? I don't want the industry to be caught with its proverbial pants down playing catch up with competitors. We need institutional investors to get behind this with a kick start to the industry to help prevent the inevitable down stream bottleneck that is going to choke the transition to better battery lifestyle. And, well because that's the kind of guy I am.

    Look, I don't want to bore you with my limited knowledge, but if your interest is piqued and more research is warranted, there are folks on the LTR forum at Hot Copper who are far more capable than me to spruik this phenomenon.

    RegardsTrayonRanger"


 
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