You all just got to witness the perfect Case study of the...

You all just got to witness the perfect Case study of the disaster that can follow not selling out when the times are booming under the leadership of a great experienced CEO with all the degrees money can buy: He was probably paid a salary of millions of dollars a year too !

LITHIUM & LTR

LTR was almost finished building a monster processing plant with a +40yr mine life last year when Lithium was Booming..

Lithium will never go down, it's different this time ! Everyone will buy electric vehicles , it will last forever!

LTR rejects a $3 takeover, many billions of dollars, because it's too low, because current lithium price will mean margins are so high it will make all this money for 40 years !

Just over 12 months later, the monster processing plant is finished ! WHOOPEEE !! It looks awesome, it's like Chatree, it's so nice to look at ! take some selfies !! Everyone has done a great job !!

Ohhhhhh, but then the lithium bull that would never end has just plunged this year by 75% unexpectedly...

Ohhhhhh, but the processing plant is looking wonderfull, the CEO is so happy with the building construction team did a wonderfull job, look at the shinny presentations... look at the LinkedIn drone video of the monster processing plant which everyone likes !!

Well guess what ? Market today Doesn't give a flying $uck


It's dogshit 60c today because the falling lithium price means it will actually make no money today...

So in less than 18 months it rejected a $3 takeover as too low during boom times and today it's dogshit 60c and could go bankrupt if lithium price doesn't increase...


And that my friends is exactly how Ross the Boss blew up KCN from $11 down to 77c thinking the last Gold bull market will last forever !


The secret to commodities is treading them like a cheap hooker..

Get in , make your money, have your fun, then Get the hell out before the music stops or you fall in love !