LTR 0.60% 84.0¢ liontown resources limited

Who would have thought that we would be sitting at these levels...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. RM8
    1,400 Posts.
    lightbulb Created with Sketch. 440

    Who would have thought that we would be sitting at these levels a month after first production?

    One year postproduction will be very interesting.
    By then I believe we will be one of the strongest producers in an environment of consolidation, and that will be reflected in the share price. Just a typical building and rationalisation period for a new industry.

    The EV and battery storage FUD (fear, uncertainty, doubt) levels should well have peaked and be in steep decline by then. We should also have tighter and more realistic industry projections for lithium demand and supply as well as projections for lithium battery sales.
    IMO, globally in general we have moved past the tipping point but are experiencing a short period of last gasp effort from legacy motor vehicle manufacturers and big oil to stall the inevitable acceleration in adoption of EVs and battery storage options on all scales (see the Tony Seba videos from about 5 years ago).
    Politicians in most countries are just being politicians and not adding much except confusion.
    Once we get through this short blip in the big scheme of things it will be a game of catch-up for the doubters.

    Life becomes easier when you step back, look at the big picture, and discard the noise. smile.png

 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
(20min delay)
Last
84.0¢
Change
0.005(0.60%)
Mkt cap ! $2.037B
Open High Low Value Volume
80.0¢ 86.5¢ 80.0¢ $8.710M 10.32M

Buyers (Bids)

No. Vol. Price($)
7 110884 83.5¢
 

Sellers (Offers)

Price($) Vol. No.
84.5¢ 213383 11
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
LTR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.