You are shorter.
I can see that from your posts on other lithium stocks you've shorted. You know what we thing about the shorters. Not good at all. I even don't sit around a table with a shorter as I don't consider shorting as an ethical activity.
Anyways,.. That's your problem.
How do you know LTR is not producing 6% spod in KV atm?
They said they "weighted average grade of 5.2% Li2O" they produced. There might be 4.5% and 6% in it.
Of course LTR should be produce 6%+ atm, and also produces for LG, Tesla and Ford and their spod might be 6%+ as well.
Also, LTR uses the ore feed from the old DSO stockpile which is low grade, however it uses the ore extracted from the MT Mann U/G tunnels section which is very high grade. SO LTR is producing different grade is spod atm. Whatever the ore grade you put in the plant you will get the spod grade according to that ore grade.
LTR won't tell you everything. LTR has always understated and overdelivered.
For example they said on the anns "Production passes 10,000t spodumene concentrate" "having produced more than 10,000 tonnes" but they didn't tell you the exact number produced. Maybe they produced 20kt atm. 20kt is "more than 10kt" isn't it!
Anyway you keep shorting as much as you like.
NOTHING IS GOING TO HAPPEN TO US WHEN HOLDING
but the history of stock market is full of shorter traders committed financial suicide. (I'd never want to see a true suicide).
THERE IS NO VULUE IN SHORTING FROM HERE
It's a clear stupidity shorting at this level. KV project is working very well. There is no ramp up problems as you can see.
If I were a shorter I'd close my short position, take the profit, and run away. Because there is no way down from here.
I can can see clearly that LTR is in production and there is no problem as expected by the shorters and "The Someone". It wouldn't worth to keep my short position for another 5c or 10c if I was in good profit.
I'm only talking to independent shorters here, but not to the The Someone's shorters.
The Someone probably happy to spend millions of dollars more to take "its" revenge, or whatever "it" wants to see. That's not going to happen anyway.
The Someone might have huge money to achieve "its" personal satisfaction but the independent shorters will get toasted in between LTR and "The Someone".
Do not follow anyone, not "The Someone" and not me either.
Listen to your own logic.
DYOR.
Be rational.
I'm holding tight anyway.
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You are shorter. I can see that from your posts on other lithium...
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Last
84.0¢ |
Change
0.005(0.60%) |
Mkt cap ! $2.037B |
Open | High | Low | Value | Volume |
80.0¢ | 86.5¢ | 80.0¢ | $8.710M | 10.32M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 110884 | 83.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.5¢ | 213383 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 110884 | 0.835 |
10 | 133636 | 0.830 |
9 | 116456 | 0.825 |
3 | 46387 | 0.820 |
4 | 167788 | 0.815 |
Price($) | Vol. | No. |
---|---|---|
0.845 | 213383 | 11 |
0.850 | 22852 | 3 |
0.860 | 33576 | 5 |
0.865 | 134989 | 13 |
0.870 | 62344 | 8 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
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