LTR 0.60% 82.5¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-2816

  1. vmp
    13,552 Posts.
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    For those still confused by the market despite 4 years of sitting on the fence.

    Not advice but just a Q&A observation being presented for the 100th time!!! (sorry for those who didn’t listen when observation was posted/written here for the first to 50th time.)


    What shouldn’t you forget? Remember KDR when acquired was valued 25% more than PLS.
    When was that? 2019 when prices of spodumene was in the doldrums.
    What’s KDR? A company that was 5 years from production!
    What’s KDR compared to LTR? Apart from having “R” in both asx tickers, they’re miles and miles apart! KDR was 5 years away from production, LTR is shaping up to be just less than 5 months away from commissioning! There’s a difference between 5 years and 5 months! The big difference? If you’re getting married, you’d have 5 kids potentially by the time KDR reaches production at the time it was acquired!

    What else?
    KDR had no concentrator plant, no funding, no clear line of sight to production, but Ltr has one, clear as light of day, except someone within the bod is sending whispers to sell for $3 which is not to my liking
    KDR had no butterfly’s, located in a woop woop. Ltr KV is next to all needed infrastructure, 60% renewables from production get go.


    And one last thing? KDR was valued more than PLS and despite the above, LTR is still 50% less than PLS.


    Alb knows it. Miss Gina knows it too imo. Hence they’re buying like drunken sailors at a price that’s clearly a hefty discount.

    Incredibly Incredible discount!!




    all imo
    Last edited by vmp: 09/10/23
 
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