LTR 2.16% 90.5¢ liontown resources limited

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  1. 262 Posts.
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    Does anyone have any thoughts on this extract from Mila Resources.

    Would we consider this an ace up LTR's sleeve similar to holding Buldania resource for potential future projects/sale of project for cash?

    Interested to hear some thoughts from fellow Shareholders

    "The agreement will enable Liontown to acquire up to 80% of the Lithium Rights from Mila and its partners for a total consideration of up to A$2,200,000 through a phased investment programme. By agreement with its partners, Mila currently has a 50% interest in the Lithium Rights, representing 10% of the Lithium Rights following full exercise by Liontown of its option."
 
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