LTR

3.90%

74.0¢ liontown resources limited

ASX Today, page-10412

First 10412 Last

Share
Profile

Follow
Bears n Doughnuts

26 Posts.

3

06/10/21

22:12

Post #: 56616733
Share

Originally posted by vmp: ↑

The truth always hurts. Watch Tony Ottaviano’s diggers and dealers presentation in Kalgoorlie. I don’t think he meant to hurt anyone’s feelings but…..anyway just listen, it’s on Ltr’s website.

I think most already know why LTR hasn’t done any deal or is not signing any Offtake or JV partner early in the journey.
-having too many offtakes is complicated and always less desirable, remember multi-offtakeholder PLS flagged to sell part of its Pilgangoora project 2 years ago but had received no takers? In contrast KDR was a more attractive target and taken in no time. More so Ltr now!!!

-signing a deal too early is selling your soul - Sample 1. Kdr sold 1/2 of mt Holland for a few coins to SQM, just over a year later it sold the rest for about twice the amount SQM paid. But still very cheap - if it kept the project all up just another 24 months and did absolutely nothing other than sit down and watch the wind, sun and surf, shareholders will be laughing with north of $7 billion instead of $1.2 billion all up. Sample #2- maybe a candidate among the stupidest - fyi signed a $80m finance facility aka insurance fee premium (not even half of its required Capex) by issuing options worth 20% its shares on issue. If it took the facility up, it’s still required to either issue shares or borrow the money plus interest; 18 months later, it signed a deal with Alcoa giving away 65% of the project, leaving 35% dry bones hopefully with some marrow to poor loyal shareholders and the tragedy isn’t finished imo.

LTR shareholders will avoid all the tragedies these peers have had. The only tragedy Ltr holders will have is this by Bee Gees. Cheers

Expand

Thanks VMP familiar with the KDR story and to be honest that’s why I’m here, same group of champions and the fundamentals are beyond outstanding.. (IMHO) Missed on KDR as I was focused on inferior stocks at the time and had been burnt on a lithium brine project in Nevada among others. Go the Lion and ignore the noise. FYI I’m all in.

LTR Price at posting: $1.37 Sentiment: Buy Disclosure: Held
26 Upvote

1 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BUX

Buxton projects new graphite province discovery at WA Narryer play

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

There are more pages in this discussion • 34,315 more messages in this thread...

First 10412 Last

Add LTR (ASX) to my watchlist

(20min delay)
Last 74.0¢		Change -0.030(3.90%)		Mkt cap ! $1.794B

Open	High	Low	Value	Volume
77.0¢	77.0¢	73.5¢	$12.03M	16.10M

Buyers (Bids)

No.	Vol.	Price($)
6	339920	74.0¢

Sellers (Offers)

Price($)	Vol.	No.
74.5¢	109036	6

View Market Depth

No.	Vol.	Price($)
6	339920	0.740
15	1220140	0.735
27	1257122	0.730
16	280139	0.725
21	182133	0.720

Price($)	Vol.	No.
0.745	41468	5
0.750	425182	10
0.755	457600	4
0.760	150266	8
0.765	104342	4

Last trade - 16.10pm 04/10/2024 (20 minute delay)

LTR (ASX) Chart

ASX Today, page-10412

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

BCI reaches close of funding facility for salt-first part of Mardie project

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

ASX Today, page-10412

Top Stories

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

BCI reaches close of funding facility for salt-first part of Mardie project

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News