LTR 5.84% $1.21 liontown resources limited

Ann: Proposed Issue of Unlisted Options, page-29

  1. vmp
    13,160 Posts.
    lightbulb Created with Sketch. 8907
    I’ve never made money and actually lost some on vanadium and they were thinking of selling that until we proved KV as mega deposit, then Toolebuc isn’t that burdensome to hold on to. My lack of appetite could be wrong but I understand vanadium processing is capex intensive and it’s not easy to build and optimise a vanadium plant. We can drill and then sell it though
    There might be some distressed asset or company out there that we can pick up for peanuts. HPA play perhaps like fyi. Unlikely tg is interested in another gold as he has chn. But you’d never know, he ventured into stx gas and got another windfall. Looks like we need to track his shadows but we’d have to get in before the sp shoots up, or else we miss out.
    On top of all that Ltr could be his biggest win by virtue of the size of his interest in the project.
    Last edited by vmp: 26/09/19
 
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