There is a great deal to take in from the presentation today but one thing that particularly caught my attention was the time Tony gave to the topic of Liontown fulfilling its full potential.
My take away is this.
Our Board knows that pricing issues are cyclical bumps in the road. They want LTR to be a Lithium Industry juggernaut and this is only the beginning.
Their optimism and resolve despite the down turn in market conditions is a big indicator of where their minds and planning are at.
It is clear they are still on the lookout for ways to grow the business and Tony and the Board have Grant Donald and his team actively looking.
LTR is not standing still just because others are. The downstream options with LG and Sumitomo are still in play and it's quite possible that potential M&A activity is bubbling along in the background too, with LTR being the acquirer, not the prey.
( https://www.linkedin.com/in/grant-donald/?originalSubdomain=au)
The transcript of exactly what Tony said about our full potential with time stamps is below
1:30
the strategy slide because I think it's important to reinforce that our focus is very much on all of these three Horizons
1:46
effort as you can see from today's report the focus that we're applying to make sure that Kathleen Valley is had
1:51
itsfull potential but we're also working quietly in the background around our Downstream
1:58
aspirationsboth with sum and LG and then ultimately you know we’ve
got uh Grant Donald here on the call today but Grant's and his small team is
2:08
focusedon what lion town to its full potential also looks like and the
2:14
importancehere is this strategy remains unchanged and it endures the
2:21
Cycleswe're taking both a short and long-term view because we're here for
2:27
the long term
DYOR- Not financial advice just the opinion of a long-term holder who is totally biased.
(20min delay)