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$1.38 liontown resources limited

Lol - righto sunshine.LTR did not cancel the debt. The banks...

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JRSelvedge

1,914 Posts.

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26/01/24

23:20

Post #: 72084821
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Originally posted by rookstar: ↑

No, wrong again.
The debt the 8 bank syndicate was willing to provide was not enough to cover the 4 mtpa expansion, Ltr could have taken a reduced amount loan, if they did this the funds provided would have not covered the 4 mtpa expansion completion.
In short LTR made a commercial decision to cancel the debt funding. The official term from the bank is cancellation of letter of credit for the full loan facillity as it could not be completed.

When they talk about alternative funding it is in relation to debt markets and not the capital raising you are running with.

If you had listened to the whole this Tonys answer was No.

Stop making misleading posts, you are liable for a law suit.

Just because you tap on IMO does not protect you against future law suits.

I hope you learn something from this experience.

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Lol - righto sunshine.

LTR did not cancel the debt. The banks informed them.

DYOR IMO

LTR Price at posting: 92.0¢ Sentiment: Sell Disclosure: Not Held
4 Upvote

0 Great analysis

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(20min delay)
Last $1.38		Change -0.025(1.78%)		Mkt cap ! $3.357B

Open	High	Low	Value	Volume
$1.37	$1.39	$1.36	$4.168M	3.028M

Buyers (Bids)

No.	Vol.	Price($)
33	96616	$1.38

Sellers (Offers)

Price($)	Vol.	No.
$1.39	176939	66

View Market Depth

No.	Vol.	Price($)
33	96617	1.380
25	167223	1.375
18	182149	1.370
18	213074	1.365
21	195890	1.360

Price($)	Vol.	No.
1.385	172849	69
1.390	187147	31
1.395	302570	17
1.400	595021	33
1.405	37873	5

Last trade - 13.46pm 24/05/2024 (20 minute delay)


Last $1.38			Change -0.025 ( 2.01 %)
Open	High		Low	Volume
$1.36	$1.39		$1.36	1022071
Last updated 14.03pm 24/05/2024 ?

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