I have made some small trades on this but have been cautious given the possibility that the lithium price may not actually allow them to go into production once development is completed- and that is not even taking into account the usual ramp up risks etc.
So, to obtain funding they need to address the issue of risks around the price and ramp up risks etc. That is a real risk and prospective lenders will require real answers.
Now you may place me on ignore. Note though that I rarely put anyone on ignore- I did place one poster on hold but in the end it turned out that he was right and it was eventually my biggest loss. It could be better to read all posts and do your own research etc. But it is your money at the end of the day.
IMHO DYOR
LTR Price at posting:
89.0¢ Sentiment: None Disclosure: Not Held
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