LTR 1.79% 82.5¢ liontown resources limited

ASX Today, page-5789

  1. vmp
    13,550 Posts.
    lightbulb Created with Sketch. 9330
    Yes it’s amazing how KV has been kept effectively under wrapped all this time as far as offtakes or JV deal is concerned. 2 years ago there was already 5 NDA’s in talks but it all ceased when the deposit became tier 1 and Ltr saw swings in demand. It’s picked up since and there’s still nothing - the company has not been pressured to do just any deal so I’d be very surprised if they’d kept all things under wrapped and then do a dud deal. This is in stark contrast to minnows who have been doing mou and offtakes left and right even if their resource is only 1/10 of KV. Hence I’m expecting something very very special to come out of all these at the right time and with the right partner. Hope I won’t be disappointed with our 100% optionality strength becoming our culprit. After all the leadership has no nonsense skin in the game within the sector. Unlike others who are selling their stake, Ltr’s leadership are all walking the walk.
    Last edited by vmp: 27/07/21
 
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