LTR

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$1.00 liontown resources limited

FA & General Banter, page-3692

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Goldilocks

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08/09/19

08:04

Post #: 40352259
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Originally posted by anatol: ↑

The grades of Buldania is quite high. If anyone couldn't see them on announcements, here they are. Check it out.

That is happening on a 1300m strike length, not on 300-400m.

25m @1.2% (inc. 5m 2.0%)
58m @ 1.2% (inc. 16m 1.7%)
39m @1.4% (inc. 9m 1.6%)
39m @1.6% (inc. 13m @2.1%)
etc,
etc,

And these are all fresh pegmatites, not weathered.

The resource is open to SE and the latest drilling intersected more pegs at 1400m strike and depth as well. There is already a good size of resource there. That's a fact showing itself on that graph.

Plus, the outcrops of NW pegmatites have been drilled by the last drilling campaign. Buldania is a big project and will drilled extensively. Buldania is there and it's ours. It's a very valuable asset. No one can know how big it will be including the management without more drilling.

LTR management has now fully focused to KV progress. We need to finish the jobs with KV and see who is going to buy it or who is going to be the JV partner. That is going to happen in next 4-6 months if we don't get hit by a takeover offer by someone else.

The initial met work was done and given very good results. The iron is enviably very low. No mica to talk about. That's the fact. No one can bend the facts. Because of the encouragement of initial met-work the company continued drilling and found a Tier-1 deposit. Now they are drilling again.

The new met-work is being done for 6 months from 4 tonnes of ore taken from DD holes. It's now coming to an end. We will get the results soon According to the email @mickvp25 received, ti says; "The product testwork program is expected to be finalised in the next few weeks and it is our intention to release these results when they are available"

LTR management is not hiding any data from its shareholders. They have always over delivered so far. I beleive they will do it again.

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I don't think people should be getting too carried away with Buldania.
Speaking to someone close to the company, "Buldania will make a mine, but it is no KV". Mind you KV is exceptional.
G

LTR Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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FA & General Banter, page-3692

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FA & General Banter, page-3692

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