LTR SP Prediction contest, page-239

JM's prediction (very conservative):

31/12/23 - $3.70
30/06/24 - $4.00
31/12/24 - $4.80

Been involved in the development and delivery of major transport infrastructure program (rail, road) for many years. Most are delivered late, over budget.

IMHO, mining infra is no different. My gut feel is that Q2, 2024 is likely to be delayed - based on labour tightness, supply chain and material costs increasing. Hence my mid year prediction for June 2024 is likely to be slightly higher than the end of this year, based on prediction that the mine commissioning may be delayed.

Let's also not forget about ppl stating that LTR market cap should be equal to PLS at commissioning. PLS has branding and past experience running through death and back alive with years of O&M up their sleeves, it will always trade as a premium to other new developers. However, I see Buldania as having a wild card to become sth substantial which will rerate LTR.

Still holding my LTR, not selling at all. GLTAH.