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78.5¢ liontown resources limited

"... I saw the trading halt immediately thought that the Banks...

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TrayonRanger

10,235 Posts.

2840

05/07/24

15:36

Post #: 74628231
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Originally posted by 68stang: ↑

The more I look at the funding package, the more I like it!

I must admit that I was becoming very concerned about funding as we neared the end of June and
when I saw the trading halt immediately thought that the Banks had pulled the rug again.

Well, that can never happen now.

ANZ- Out
CBA- Out
HSBC- Out
NAB -Out
Soc Gen-Out
WBCA- Out
Govt Agencies and political influence- Export Credit and CEFC - Out
People whose goals are not aligned with LTR- Out
4% margin -Out
Debt service coverage ratio -Out
Loan life coverage ratio -Out
Reserve tail ratio- Out

And what did we replace it with:
LG Energy Solutions- In
Ford- In
0% margins on LGES and 1.5% margin on Ford -In.
People whose goals are aligned with LTR- In
The option to replace debt with equity- In.
LG Energy Solution –Liontown Downstream Joint Venture- In
Long term offtake agreement- In
Friends -IN, IN, IN.

Well done Tony and team.
Keep the faith
cheers

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"... I saw the trading halt immediately thought that the Banks had pulled the rug again."

Could be wrong, but I thought they never actually pulled the funds, but just moved the goal post.

Otherwise, why would Tony say, "Thank you banks, but no thank you". Bye.

LTR Price at posting: 90.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 78.5¢		Change -0.035(4.27%)		Mkt cap ! $1.903B

Open	High	Low	Value	Volume
82.5¢	83.0¢	78.0¢	$5.594M	6.969M

Buyers (Bids)

No.	Vol.	Price($)
23	364538	78.0¢

Sellers (Offers)

Price($)	Vol.	No.
79.0¢	13253	1

View Market Depth

No.	Vol.	Price($)
23	364538	0.780
14	199182	0.775
24	376030	0.770
5	89559	0.765
12	84419	0.760

Price($)	Vol.	No.
0.795	31800	3
0.800	269000	7
0.805	119697	4
0.810	61200	3
0.815	98280	4

Last trade - 16.10pm 06/11/2024 (20 minute delay)

LTR (ASX) Chart