LTR 1.82% 81.0¢ liontown resources limited

Next Lithium Bull run, page-159

  1. 475 Posts.
    lightbulb Created with Sketch. 2073
    That comment didn't age well.

    You've been banging-on about funding for two months now. Funding solved. What's your next down-ramping angle, or will you finally throw-in the towel?

    The federal government is in for $230M, now LG is in for another $250M (and at terms that are far superior to any bank's, with an OTA extension and a potential IRA-compliant chemical teaming partnership thrown-in), and production is imminent. Do you not think that if push comes to shove and the lithium price downturn worsens and lasts longer than expected, that one or the other of government, Ford, Elon, or even Sumitomo, won't come to similar terms as LG just did?

    This project is happening, it's too valuable to fail entirely, and at this point, the BOD and management have pulled a rabbit out of the hat at every turn. Do you really think that they will stuff-up commissioning and ramp-up, especially with contractors like Byrnecut (who have already successfully performed UG lithium mining at Greenbushes) and Lycopodium on the job?

    It really is time for GR to either show her hand or ask about that seat on the board that she's been avoiding. The price is going up from here.

    You've spent enough time walking about the pool and telling everyone that the water is cold. Dive in. The water's nice.
 
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