LTR 0.30% 82.8¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-104

  1. 1,179 Posts.
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    I think you need to look at the positives . Once production starts and it will start , the overruns on construction will be rapidly repaid . 20 percent production increase is a big deal , if that is achieved , the resulting return will be massive ! If you are prepared to look long term , Stronger after todays announcement , not weaker . If management had waited a couple of years , maybe they would have caught a downturn , who knows , maybe the project could have been completed for a bit less . However do you really want to slow down production , hell no . I also hold some AVZ , it still might turn out ok but LTR management is doing what they can to get production up and running and also looking long term at completing a Hydroxide plant , they are doing everything they can . Other prospective producers are struggling ( AVZ included ) but LTR haven’t really missed a beat and the fact that management holds so many shares is surely a positive . We will see many more fluctuations in share price before production but the long term outlook is looking stronger !!!!!!!!
 
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