LTR liontown resources limited

Ann: December 2024 Quarterly Webcast, page-100

  1. 249 Posts.
    lightbulb Created with Sketch. 22
    Hi FC
    Agree with all that. Was just trying to pull someone up on saying companies can not pay dividends if they have debt.
    eg. PLS had debt from start up and buying Altura, even a government debt too. But they paid two dividends (surprised they did so early - thank-you vm) plus still have plenty of cash for M&A and plant development. But also still have debt! It's how business works. How was LTR ever going to build a plant from their own cash? They have and had none / came from an explorer. Adding also debt is a tax effective way to do business. Of course keeping debt low and paying it down is also good business.

    All the best and thanks for your comment
 
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