Thanks @Gajet, Always happy to chip in and share knowledge, it doesn't cost anything. I learnt a lot over the years following multiple lithium names and enjoy paying that forward without an agenda.
Observing for the time being, I like what LTR has done despite the adversity faced in a tough environment. I really want to see some cost numbers and guidance before committing, in my experience I have never seen a mining company achieve their dfs costs, especially in lithium. In saying that the inflationary environment is showing some signs of cooling (raw materials/fuel/labour), there is reprieve in the labour market in WA following nickel closures, core lithium closure, Alcoas refinery closure etc. Things aren't as tight as they used to be 12-24months ago. I expect costs to come in somewhere in the middle of dfs estimates and analyst expectations. Hopefully surprise to the lower end.
It may mean I miss out on a fair chunk of returns and I accept that.
Anyways congrats to all holders on what is clearly a monumental milestone.
Aimo
LTR Price at posting:
81.3¢ Sentiment: None Disclosure: Not Held
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