LTR 3.66% 99.0¢ liontown resources limited

Ann: New short-term Offtake Agreement for initial ramp-up volumes, page-198

  1. 1,623 Posts.
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    The great Liverpool manager Bob Paisley had a famous quote:

    'If you're in the penalty area and you aren't quite sure what to do with the ball, stick it in the net and we'll discuss your options afterwards!'.


    Don't overcomplicate things. Don't lose sight of the primary goal (literally to score a 'goal' in his example).


    While surprising at first glance to many of us, I believe this is what Tony has done with the short term Sinomine Resource Group offtake:

    The primary goal being selling our (unallocated) product at the best possible price. Tick and done.


    Money in the bank in the short term prior to the sales receipts coming in over the long term from our Premium Partners.

    Excellent business sense in trying market conditions. Eye on the prize. Future proofing the business prior to the inevitable commodity price cycle rise.

    Left foot, right foot and with his head - Tony keeps hitting the back of the net...


    Onwards to imminent production my friends.
 
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