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79.5¢ liontown resources limited

Ann: Quarterly Activities and Cashflow Report, page-25

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Jpcje

802 Posts.

987

24/04/18

11:14

Post #: 32651467
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Originally posted by hightrax ↑

Don't write Anna deposit off because of lower grades at depth. Its open along strike for a very long way. It will be interesting to see what is under the dirt a bit to the SE. management think so. This is where they go next. They have the neighbour's outcrops kms further along to drill it could be a long formation, but not likely fully continuous. The 30 to 40 degree dip looks like amenable to opencut, with ore from surface down. Grades are good at shallow levels. Lithium deposits don't tend to be massive but the stuff is worth a lot of money. That's one reason it is worth a lot of money. A lot less digging for a certain amount of income than many metals.
I'm not ramping here, but we are not looking at a 100 to one outsider with a jockey wearing his pajamas. The odds are very good of a biggish deposit(for lithium) and a very viable one. Looks like that to me anyway, but t isn't a sure thing.
We pays our money and we takes our risk. A biggish deposit could be worth a billion dollars.

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If you are right with the $1billion dollar value makes each share worth more than a $1 each. Bring it on!

LTR Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
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Last 79.5¢		Change -0.005(0.63%)		Mkt cap ! $1.940B

Open	High	Low	Value	Volume
79.5¢	80.0¢	79.5¢	$656.4K	824.6K

Buyers (Bids)

No.	Vol.	Price($)
4	53527	79.5¢

Sellers (Offers)

Price($)	Vol.	No.
80.0¢	102285	8

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No.	Vol.	Price($)
4	47466	0.795
25	326443	0.790
12	202600	0.785
24	259868	0.780
5	64598	0.775

Price($)	Vol.	No.
0.800	55854	10
0.805	132171	10
0.810	239165	7
0.815	152350	5
0.820	184943	7

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