LTR 1.96% $1.00 liontown resources limited

Ann: Albemarle and Liontown not proceeding with proposed scheme, page-57

  1. 957 Posts.
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    "due to growing complexities associated with executing the transaction."

    This means resistance from Gina in executing the deal. They know they can't buy Liontown now. This was simply a ruse by the board to force the big Australian interests to throw their hat in and Gina was the first to do so.

    You're a fool if you think this company won't be headed to production. Australia's richest person and controller of Australia's wealthiest private company hasn't thrown away hundreds of millions on a bad stock. This company is going to production. The infrastructure is almost all in place, any panic sell off makes the buy proposition even stronger. LTR is going places and you have to try harder to get people to sell so you can gain mate.
 
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