LTR 1.28% 79.0¢ liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-3355

  1. 1,209 Posts.
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    BW - you do understand that Li is in supply deficit right (Due to actualised / soon to be actualised global scale projects coming on line) ?
    LTR is months away from commissioning. Suggest you check back in in the next 12-18 months and we see where we are at.

    Markets globally are going through a liquidity squeeze for capital atm, so we are not Robinson Crusoe there. Look at o&g for example.

    Now, once we get looser QE ( which will come as we hear the stick shaker going off in the cockpit), there will be a resurgence of options (incl finance) available to an astute LTR BOD

    Back of envelope valuation will improve once production output starts and we see the throughput…..
    It is then that I forecast we will see appreciation substantially to fair value in the SP, and additional market institutional interest as industry seeks to firm up long term supply…..

    Cheers , BB


    Last edited by Boursebandit: 06/03/24
 
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