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95.0¢ liontown resources limited

Ann: Suspension from Quotation, page-146

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Northen_munky

9,873 Posts.

1473

18/10/23

15:14

Post #: 70408525
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Originally posted by JJP400: ↑

You are going mining because you have no choice now but to continue the journey. (fact 1)
The BOD showed their hand by recommending the sale at $3 per share, therefore the BOD would prefer to cash out than go mining. (fact 2)
Going mining is 100% going to bring volatility in the share price ongoing. No asx lithium company has delivered on a nominated time frame, no lithium company has been able to contain costs. All lithium companies have encountered large hurdles along the way. Everyone of these hurdles bring out the best in shorting, hence the volatility. (fact 3 )
This will not be the last CR (fact 4)

I cannot stress enough, Mining is f***ing hard for everyone!!

The difficulty now that GR has such a large holding is finding another suitor (won't happen) so the road ahead is a very long bumpy one. (buckle up!)

Just for the record, I absolutely think LTR has the goods. I definitely think BOD are outstanding.
And yes there is a BUT coming and that is:

Mining is f***ing hard so be very very very very patient!

Expand

been involved in mining so dont teach me how to boil an egg..

And the assumption that LTR is like the rest is a given mistake that suits your scenario...

But i guess we shall see...

Laters...

LTR Price at posting: $2.79 Sentiment: Buy Disclosure: Held
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Last 95.0¢		Change -0.015(1.55%)		Mkt cap ! $2.303B

Open	High	Low	Value	Volume
98.0¢	$1.01	94.3¢	$14.14M	14.50M

Buyers (Bids)

No.	Vol.	Price($)
8	108494	94.5¢

Sellers (Offers)

Price($)	Vol.	No.
95.0¢	129667	3

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No.	Vol.	Price($)
8	108494	0.945
14	324731	0.940
5	289253	0.935
10	94835	0.930
10	163523	0.925

Price($)	Vol.	No.
0.950	76757	2
0.955	99671	5
0.960	100010	2
0.965	51510	2
0.970	10000	1

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