LTR management is 2nd to non, and they would be looking closely at every possible scenario playing out and having contingency plans in place to ensure the company goes in the right direction. I know they will do what is required as they always have.
Anatol’s analysis is well grounded through research. Nothing is ever 100% foolproof however, so with that in mind, I’m sure everything you mention would be part of any discussions in the boardroom; but in regards to the nitty gritty technicals relating to the financial security of LTR, expenditure and revenue expected, management would be all over it and would have options to tackle any issues. I believe firmly that LTR management will do what is needed to ensure the survival and ultimate future success of the company going forward, regardless of the current climate. From where I sit, LTR is NOT in dire straits, nor are they in a depressed position that makes them easy pickings for a predator.
Remember, the current share price is IMO overly and artificially deflated and forcibly pushed down, and is in no way a true reflection of the current viability of LTR. Also, the share price, despite being a general indication of how things are, is not directly linked to the company and vice versa. The share price is simply the market reacting to various factors remotely related only to the company. It may rise with good fortunes or go down with bad news, but this basic directional movement or swing of the share price is very simplistic IMO, and instead there are a multitude of influential occurrences, and market phenomena that can and does drastically alter a share price in a positive or negative manner that really has little to do with the value or commercial viability of the company itself. Like the current manipulation for example.
In relation to management depleting their resource for no commercial gain, I guess the real question would be, as you also point out, is whether or not LTR is contracted to provide a certain amount of supply and any conditions associated within that contractual agreement? If they are held to a contract to supply and that is at a price below positive revenue, then yes it would be wise to limit their output to only contractual obligations until such time as the market improves. I’m sure they would have something in place for all of that.
GLTAH and onwards. Hold tight if you can and are confident in your investment. I know I am.
LTR Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
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