what's new is the inclusion of a new Spodumene Pricing Evolution...

what's new is the inclusion of a new Spodumene Pricing Evolution chart in the Preso which was not in the first one. It clearly indicates that LTR believes that the price of Spod will stay very high and shows that the profit margin from refining hydroxide is now less, even though still very profitable. It supports TO's statement that LTR is keeping its options open on refining as there is just so much profit in Spod sales now without the need to worry about the cost and technological know how to build a refinery. Perhaps they will leave that to WES. If the price of Spod stays up, which is likely IMO, then LTR becomes a simple cash machine. Any increase in its resource will just amplify that further enormously. This chart will interest instos, long term big investors and possible suitors. It is not intended for retail investors IMO. It is a very big deal if LTR are right about the future Spod price. The rise of Chinese demand will ensure that they are as well. IMO LTR is to become the FMG of lithium in Australia if not taken out before hand. Remember that it already has binding off takes for 85% of its resource with the best customers in the world and one of them has effectively given them a working capital overdraft of $300M at 1.5% with no strings attached. Anyone who down ramps LTR given the above does not understand commerce or is a manipulator. LTR is a no brainer mid to long term hold. Nothing more to say.