LTR 2.46% 62.5¢ liontown resources limited

Ann: Change in substantial holding, page-37

  1. vmp
    13,341 Posts.
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    Ltr in uncharted waters. even if Gina puts in another $450m for eventually near 19.9% equity, it could still be consistent with any ambition to take it all for herself.
    If she chips in $450m via CR, it derisks the project, and Ltr will reach commissioning by the time all the offers and counter offers play out, GH can simply take Ltr for $8 billion while emphasing likely ramp up teething issues and within months or a couple of years, sell it for a tidy profit, 100% minimum. This is likely achievable for her in view of the projected lithium deficit
    Last edited by vmp: 29/09/23
 
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