LTR 0.00% 85.5¢ liontown resources limited

Automakers have to build their own batteries & have stakes in lithium mines, page-9

  1. vmp
    13,615 Posts.
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    @anatol I think Tesla can still afford to buy LTR.
    The price has increased 15 fold from $1 billion to $15 billion (that’s only USD10 billion or less than 1/4 his Twitter acquisition, but he will have some lithium supply to tweet about for the next 40+ years.
    Also, his Tesla stake has increased $100-$200 billion. So that’s easily affordable. And he doesn’t have to contend with the anacondas of the Amazon by buying KV.


    all imo
    Last edited by vmp: 06/03/23
 
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