LTR 1.52% $1.01 liontown resources limited

ASX Today, page-21189

  1. vmp
    13,213 Posts.
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    Morning guys, got the chance to listen to the recording of the Ford Offtake Q&A.

    Ltr is going super super big, going to drill KV a few more months. Given this commenced mid-April, that’s like 5 months worth of both extensional drilling.

    Ltr going to prove up the untested areas too which didn’t have native title permits previously. KV could double in size with the current program. The 2019 discovery drill led quickly from 20 to 75mt and further to 156mt because of the thickness of the intercepts.

    Ltr has the IP to get to the bottom of this mega deposit. They need to understand how huge it is to enable the team to make long term plan relating to water, power requirements.

    The vision is huge. No jungle dreams.

    For new holders who may not have seen this 2018 slide, unshaded section show huge area of potential. There’s thicker Ore body beyond the pegs.

    With 156 now proven, 300-400mt eventually is my guess.



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