LTR 2.16% 90.5¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-951

  1. 10,595 Posts.
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    I also think that the industry is maturing and that funds are coming from LKE, SYA, CXO, VUL and others who are struggling. Musk comment that quality batteries are in hot demand, also positions LTR well, with our 6%++ spod that offtake clients have received samples of. The Industry is changing and Tesla now getting rid of rare earth, cobalt and nickel as much as they can, BUT the one thing that does not drop off is Lithium and will stay as the base of any battery going forward. He also mentioned that batteries for AI / robots need to be top quality. Imaging a robot to walk around with a 200kg salt pack battery!. lol One of the reasons Tesla is now building its own LIT conversion plant. He would not be spending $1b on this if LIT was dying. Massive re rate is coming for LTR when the other OEM's wake up. AIMO
 
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