LTR 1.52% $1.01 liontown resources limited

Gina is basically a numpty and batting out of her league. She...

  1. 142 Posts.
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    Gina is basically a numpty and batting out of her league.

    She inherited a very good situation from her father which in fairness and with the help of very good lieutenants, she has continued to develop.

    But she doesn't know anything about lithium, although she's had a very nice wake up call now.

    At these levels lithium is going the way of platinum, nickel, cobalt and any other metal which you care to name where the cost of extraction exceeds the sale cost - and guess what none of these mines are going to be profitable.

    Spodumene will have to go on the back burner because it's probably much easier to extract lithium carbonate than deep mining.

    Personally I'm very grateful to LTR because my mates and I were in at 2 1/half cents but failed to exit at $3. - nevertheless it's been kind to us.

    The penny must be dropping with poor old Gina that she's stuck as in STUCK.

    Tim is in New York, probably dealing to save his company.
 
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