LTR 1.10% 90.0¢ liontown resources limited

ASX Today, page-37725

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    LG's site visit is not an ordinary thing I believe. If it was Ford doing the site visit I'd say "fair enough" because Ford has already lent $300m to LTR which would have made Ford more cautious about the money at this stage.

    Then why was LG doing the KV site visit now?
    Why is Tesla not doing any site visit like LG?

    Tesla is dealing with CATL and BYD for buying its batteries and happy with low lithium prices. Yes Tesla will also need a lot of spod concentrate for its lithium hydroxide plant in Texas, and I'm not sure where they will buy it from other than LTR, but Tesla looks cold blooded about its lithium purchase. Maybe Elon still thinks lithium is everywhere which is 100% wrong.

    Anyway we will see soon.
    Let's hope our life will be good with LG.

    https://hotcopper.com.au/data/attachments/5954/5954800-ede222b71651d88cfd64bf5cc1e370d9.jpg

    https://hotcopper.com.au/data/attachments/5954/5954805-0e647c47d4de094bea07ac3aad82705f.jpg
    Last edited by anatol: 13/02/24
 
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