LTR 3.00% 97.0¢ liontown resources limited

ASX Today, page-4605

  1. 5,943 Posts.
    lightbulb Created with Sketch. 20167
    You are exactly right @vmp.
    I am not excited by this 76c price at all.
    The only thing excites and makes me happy that is I bought at 2.1c on April 2019 after following LTR for 3 years since 2016.

    I am also happy that I posted my research here along the way since it was 2c.
    My first post is here Post #:37991755 on April 4 2019.

    Apparently it was the right decision. I have a 37 bagger now. However it doesn't matter how much bagger I have made, I am trying to find the right value. It's still heavily undervalued IMO. I even bought my last parcel at 47c. I have no spare money to buy atm. Otherwise I'd buy more because we have a long way to go.

    I am still constantly researching everything at the background; EV forecast, battery gigafactory announcements and capacities, new projects, acquisitions, lithium prices, ESG credentials, etc. etc.

    And I am comparing what LTR is doing with what other producers, developers and explorers are doing according to that market research.

    It's unbelievable guys. I can tell you this (IMO of course);
    What LTR management is planning and doing is far ahead of all of the other current producers, developers and explorers. In all terms; technically, commercially and socially (in ESG terms).

    LTR is playing very big. Trying to be a unique lithium downstream producer by all terms as I said above.

    "Unique downstream producer"; There is a lot to talk about that. The other producers and developers have already missed that train but LTR is making all (project) plans to be it.

    I will make a post later on about these issues on this weekend after making more research and getting some clearance. Then you will see what I mean.

    I put my targets on my last post by the graph as you know. At least $1.5 per share in next 12 months. That is 99% probability IMO. That can be easily achieved by the end of this year if LTR announces the stake sales and off-take agreements early.

    That is a conservative valuation.

    Buldania is not included in it.

    Moora-Koojan is not included as well.

    $2.5 -$5 in next 3 years wouldn't be a crazy share price.

    https://hotcopper.com.au/data/attachments/3298/3298997-a748fc003bef902d8f7f475feb11455a.jpg



 
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