LTR 1.28% 79.0¢ liontown resources limited

ASX Today, page-41636

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    At a cost or profit LTR will ramp up the mine to meet other Offtake criteria. And along the process we'll be selling our Guinea Pig supplies to China as a bonus. Don't forget about grade, recovery and tantalum credits. And the latest short term Offtake is based on LCE pricing so let's no presume we won't be making money in the process. CXO is not comparable or even close to the same league so let's not make the mistake of comparing apples and oranges. This is not a slur on CXO btw but more of a means to shutting down a conversation not even with worth debating.

    The desperation to get ahold of our product before it's even proven up speaks volumes about the level of confidence from our spectators.

    I believe we'd stockpile before going into C&M but even that's not going to happen. We just signed another contract and the ink is still drying. C&M with a new world class state of the art mine to have fun with and the best lithium in the world to process? Yeah nah, not happening!

    Wasn't in favour of a China Offtake myself but business is business and I'm here to make money just like the rest of us. Plus it provides opportunity to sell ramp up yields at any grade. Happy Days!
 
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