@ScarpaI'm 100% with you. Well done mate.
These shorters are in big trouble. And they knew it well. You can see it from the very low daily volume in trades. They can't find shares to buy for covering their shorts. Majority of shares are held by long term holders (small, mid and large) and they are not selling.
Those shorters are trying to save the day now. They are also in big trouble in PLS. They might think PLS's $11.5b mcap is too high but it's not, because it's P/E ration is only 8.5 which is too low.
So, LTR's mcap at $3.2b is extremely low. LTR's is going to start generating cash very soon, only in couple months a lot of money will flow in LTR's bank accounts.
LTR's wet plant commissioning is going very well IMO. I believe they must be already producing some spod concentrate during the commissioning. We have only 4 weeks to go for having a standard production in the plant.
Cash flow will start after the production very soon, then no probs. Yes, even with $1200-$1300 per tonne of 6% spod concentrate LTR will be profitable. However that low price will cause a very high price in the coming years because many projects will not be developed.
Waiting patiently as always.
(20min delay)