ASX Today, page-39009

Shorters lost nearly $200 million on Ltr alone when the TO offer was received


Any TO launch has to be $3 to have a chance - as Ltr at the cusp of production

Thats a minimum of $380m risk for current shorters ($1.75 x 217 m shares)

that’s an entire Sydney suburb worth 380 homes to be lost at $1m each


The register I think has tightened with more buys from holders who sold at $3 and existing holders who topped up with six figures, looking to hold until production and/or takeover


Ltr is touted as the most compelling tier 1 TO target by observers in the sector.

Gina has not requested a board seat until now - her team is getting regular update from the project.


A green day today

lithium prices improving, supply forecast changing rapidly, heaps of phone calls in the queue for uncommitted KV tonnage - LG was at the site, they need the product with their huge expansion, they’ll support Ltr imo it’s in their business best interest


If I were a small time shorter I’d close my position and avoid losing sleep of heart attack or losing my home. I wouldn’t want to join a naked photo shoot at Kathleen’s corner. Ltr about to ann a flurry of Ann’s to commission the best lithium project the worlds ever seen (60% renewables) and it’s coming from a basement valuation currently 1/4 of its closest peer.