Thank you very much for sharing your notes from the AGM and what an exciting day it has been.
I'm very pleased with what has been discussed and I don't think there is much else to add right now other than we are achieving exactly what we have set out to do. The presentation didn't particularly surprise me, but I am incredibly happy with the confirmation from the Tim and Tony.
My previous posts regarding revenue projections did forecast for profitability by March 2025 QTR coming off from a near breakeven position in December 2024 QTR, as well as the potential for early dividends which I estimated could be as early as September 2025 QTR. Although I got a bit of flack for my dividends comment, I always stand by my research and analysis so I am very pleased with the statements made by Tim and Tony confirming that early dividends are still on the table (although I am still happy for the company to reinvest and pay down debts).
From today's AGM, I get the impression that the forecasting done by the management team at LTR is likely similar or more optimistic than mine. I am very eager to get my hands on more data to crunch to further tighten my workings!
I will need to start digesting the Federal and State Government relief, investment, and legislation into the lithium space and how that will translate across for LTR, and the improvements it will have on LTR's bottomline. I have a background in law as well so I should hopefully be able to slice through this relatively quickly.
I got a strange feeling that LTR share price will rally up tomorrow.
Kind regards, CK
LTR Price at posting:
77.5¢ Sentiment: Buy Disclosure: Held
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