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80.0¢ liontown resources limited

Ann: Drilling extends thick high-grade zone at Kathleen Valley, page-150

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Tikka223

1,496 Posts.

290

09/05/19

23:11

Post #: 38496829
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Originally posted by Wilbur70: ↑

Given the impressive drill results and based on the strength of buying these last several days including the frenzy this afternoon, (and remembering KDR don't see a rival bid coming over the top of WES) I think you can just about bank on RIO or FMG, if not both of them, looking for early mover position and taking an early stake in our favourite Lion . If that is the case then this party is only just getting started. If the grades really are that good then there will likely be other BIG industry and EV players looking for a piece as well.

Keep an eye out for continued buying strength in the morning to confirm, followed by major holder announcement/s and another bump.

If I was a betting man, which I'm not, i would just about put my house on RIO and or FMG taking a position.

The firmer long term holders 'hold tight' the higher and faster this price will roar. Bring it on.

Furthermore, without wanting to tempt fate, I really struggle to see our shorting friends wanting to take on this story and bull, or should I say LION, in a hurry. They can try, but do so at their extreme peril. I almost sort of wish they would try TBH.

GLTAH.

DYOR and just my opinion.

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I wouldn't rule out MIN either. Already have a presence and plant in the region.

LTR Price at posting: 8.0¢ Sentiment: Buy Disclosure: Not Held
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Last 80.0¢		Change 0.015(1.91%)		Mkt cap ! $1.915B

Open	High	Low	Value	Volume
79.5¢	81.5¢	78.0¢	$6.014M	7.556M

Buyers (Bids)

No.	Vol.	Price($)
13	199076	80.0¢

Sellers (Offers)

Price($)	Vol.	No.
81.0¢	181432	14

View Market Depth

No.	Vol.	Price($)
16	150456	0.805
13	296501	0.800
10	325756	0.795
11	870588	0.790
15	1082562	0.785

Price($)	Vol.	No.
0.810	206683	11
0.815	246792	17
0.820	393628	13
0.825	138718	9
0.830	196398	15

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