LTR 5.81% 81.0¢ liontown resources limited

Lithium Related Media Articles, page-23864

  1. 18,816 Posts.
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    The best thing for LTR was to have taken the offer. Instead, AZS holders took the money that was offered to LTR holders.

    It was always risky to come into production, especially when others like the giant Goulamina was also coming online.

    Coupled with the introduction of massive tariffs from both the US and EU, the market was always going to reach an oversupply problem. And regardless of what political party is Elected, both are intent to protect jobs in their ICE sector, and this is going to SLOW the transition to EV, in the West.

    New producers like LTR was always going to struggle to stay above water. The reality is, you guys will be burning cash for a number of years, until the oversupply problem work its way through or tariffs are lifted from both the US and EU, thus stimulating further demand.

    Existing producers like PLS will probably stay above water or breakeven.

    But you guys will be chum for the sharks, and this is the ideal situation for shorters to make their money.

    No doubt LTR has a big resource, but will it be able to survive the down turn in this sector?
 
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81.0¢
Change
-0.050(5.81%)
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84.5¢ 84.5¢ 81.0¢ $8.663M 10.54M

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67 678312 81.0¢
 

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82.0¢ 83450 5
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