LTR 3.25% 74.5¢ liontown resources limited

Ann: 2022 AGM Chair Address and Presentation, page-84

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  1. 6,019 Posts.
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    @Process1 thank you for the list of comments mate.
    @Fish007 thank you too.

    LTR's boat is sailing nicely towards north on the high seas by very convenient winds behind it, plus the current is in the same direction smile.png.

    Sometimes surfing from top of the big waves but all is going very well and safe. No fear.

    Some scare and get off the boat but it's just being a fun for me because I know nothing bad will happen to it and it will go further. cool.png

    It has an extremely strong and sturdy hull which is equipped with high quality rigging and durable performance sails; the jib sail (TO) at the front and the main sail (TGwink.png) on the main mast. I rely on them. (Btw, the two men running LTR; Tony O and Adam S are both mech.engineers, I'm too. I know the mentality, I rely on more to them).

    Yeah, it's all about the quality.
    The quality of everything, including shareholders'.

    Top 20 holds more than 52%.
    I think they all know the value of gem they are holding,
    hence not selling out.

    https://hotcopper.com.au/data/attachments/4859/4859878-684f8626900d8a96c3ca6d320abeb376.jpg

    It's very interesting really.
    We are living in times which we can see once in 100 years;
    The electrification of the world..!

    I believed the EVs are going to be definitely necessary then I started looking in lithium stocks in 2014. I found LTR in Nov 2016 when they announced their rock chip assay results as below (anns on Nov 23, 2016)

    https://hotcopper.com.au/data/attachments/4859/4859872-37d10a35006aeda980318f7be29f317f.jpg
    I bought in March 2019, after LTR announced 21mt mineral resource estimation on Sept. 2018.

    I waited 3 years. I was watching during that time. They had some issues with the traditional land owners and couldn't drill the main prospective area at first. I was waiting for the clearance of it. When I saw it cleared the I bought in.

    Now...
    I am really amazed by seeing where we are now.
    Sp is $2.11 at this point. 10x10 bagger for me, but it's irrelevant to where LTR is now.

    Yes, I'm still here, still buying when I can, because it's still cheap IMO.
    The last time I bought a little bit more was $1.88 just recently.

    Not trading.
    All my money is in LTR.
    LTR is my bank.
    When I need money for living I change LTR for some cash.

    I think I will see $10 at least in next 18 months.
    I know the facts and I can feel it's coming

    It's all about the LITHIUM SUPPLY DYNAMICS as shown on LTR's preso yesterday.

    Demand is huge and unstoppable.
    The supply is the problem.

    Just read the 2nd and 3rd point sof supply part of the image below, then you will understand why the supply will not meet the demand, and the deficit will remain high.

    https://hotcopper.com.au/data/attachments/4859/4859947-01cc818e9055e776fe81c7a3220e12dd.jpg

    https://hotcopper.com.au/data/attachments/4859/4859949-4acc868993d8931948628b3389cb5804.jpg

    Yes LTR will be definitely see $10 sp (or $20b mcap) in 2 years time. We have done the calculations on Excel sheet as you know. (Post #:64746296)

    It all shows min $10. If you wait it will be more.

    Then I will buy the sail boat I am dreaming.

    The Amel 50
    Amel boats are designed and made by a blind man (once was not blind); Henri Amel.

    You don't need to see the ocean to enjoy it, you can feel it.
    That'd be more than enough.

    it's all about belief, passion and patience.

    https://hotcopper.com.au/data/attachments/4859/4859906-eb36dc0ec529a57a565c28d018dbb92d.jpg



 
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74.5¢
Change
-0.025(3.25%)
Mkt cap ! $1.812B
Open High Low Value Volume
77.0¢ 77.0¢ 73.5¢ $10.48M 14.00M

Buyers (Bids)

No. Vol. Price($)
33 448063 74.0¢
 

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Price($) Vol. No.
74.5¢ 92046 35
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