LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-345

I dont quite buy the short squeeze argument put here.

Generally, a squeeze happens when there is an unexpected positive event.
The stock has been decently shorted (7% is still not huge numbers) since December. This has been the correct play as there was mostly downside risk to the SP because of possibility of increased production costs. This possibility came true, and the shorters profited.

I dont see any possiiblity for a surprise positive announcement between now and June 2024 for LTR. We are not yet producing, so SC6 prices dont affect us yet, and there is great uncertainty around SC6 prices in to 2023/24. All i expect is the company to deliver on their timeframes. If they do, then we are making a lot of money.

I feel the thread is a bit pointless covering issues that we cant control and ultimately wont affect the companies fundamentals in the longterm. I

All that being said, I am a longterm holder (pre 2020) and have bought this because we are going mining and even if spod prices fall to $2,000, we are still making a tonne of money and deserving of a market cap above where we are.