LTR 1.84% $1.20 liontown resources limited

I want to make a correction for not being misunderstood. I think...

  1. 5,906 Posts.
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    I want to make a correction for not being misunderstood. I think some people thought that I'd be happy to sell out at $6. No, not all. I was just making analysis of that current situation and discussing here.

    I said on my post above;"Why would we sell it any less than $6..!LTR will definitely have around $12b mcap next year IMO. That implies nearly to $6 per share".

    No, I don't want to sell my LTR holdings at all,
    not even at $6, $7 or $10.
    I want to keep them for dividends.


    (But keep in mind that I'm talking for myself and not giving any advice)

    There is nowhere to put money for making healthy and safe income any better than keeping my money in LTR shareholding for me.

    LTR will grow over the time.
    It will be $10, $15, $30 in the next 5 to 10 years anyway.


    What would I do with the money which I would get from the takeover sale of LTR?
    How can I make my money growing?
    Because the money never sleeps, it has to work and make money for me while it's keeping its value. (This is the main rule of capitalist system, otherwise you stay behind)

    I know buying properties and renting them out brings some problems, and not in compliance with my ethics as well (everyone should have the right to have a free house). Keeping the money in the term deposits is just stupid thing to do for me. buying gold or other precious metals are not in my agenda as well.

    But keeping the money (investing) in a company with high standard of ethics (before profits) and a business which helps the world to be better, making enough profits to make my life easy going is the way to go for me.

    Btw, let's not forget, LTR's project is in Tjiwarl country and it belongs to Tjiwarl people who are traditional Owners of the land on which we are developing the Kathleen Valley mine. LTR is in close and collaborative relationship with the Tjiwarl People and showing the highest level of respect to those people. (LTR signed the Native Title Agreement in November 2021). LTR is giving the priority to Tjiwarl people contractors a lots of work to be done. This policy and respect too is very important for me. We are the custodians of this earth, but Tjiwarl people are the custodians of Tjiwarl country. I respect to them, more than I need the money.

    Btw, in my personal circumstances I will need some money to make my dreams real. It's buying a sailboat in my case (I will live on it). Yes I will sell some LTR shares at a certain stage and buy my boat. However that amount of shares as the cost for realising that dream is getting smaller and smaller over the time, because LTR share price is getting higher and higher, because the world EV and ESS (Energy Storage Systems) sales are getting bigger and bigger.

    I could realise my dream by selling 200k LTR shares two months ago, but now I can realise it if I sell 100k LTR shares.

    That's why I'm postponing my dreams. I'm sure I will be able to sell 50k LTR shares and realise it next year. I will hold the rest for dividends income. That's so simple for me. It's the best way to go for me.

    I think everyone has already seen the video LTR has recently posted about KV project development.

    Look at how good everything is progressing. I'm posting here again.

    I'm proud of being a LTR holder.

    I'm proud of our LTR team.

    Why would I sell this beast..!

    I put my hard earned money on it, took a very high risk, and have come to this excellent point.

    Not thinking to sell it out at all..!




    And some images I took from the video...

    Before the current images, the photos below is from a presentation in 16/08/2016, the date when I started following LTR announcements. I think the person on the rocks was David Richards, he is another great man in LTR's history, he worked hard and uncovered these pegmatites. I highly respect him. Let's not forget the past.

    https://hotcopper.com.au/data/attachments/5244/5244203-6ae73949ef09dfc1bd8690660a2078c9.jpg

    And the current images...

    https://hotcopper.com.au/data/attachments/5244/5244161-b8fb19cb11f41e0d13340f7fa3ec4131.jpg

    https://hotcopper.com.au/data/attachments/5244/5244166-4f3f8b3327504adc8e7a69d64848b133.jpg

    https://hotcopper.com.au/data/attachments/5244/5244169-3fbaf2f9b4452992b42d8d9e6a4b4362.jpg

    https://hotcopper.com.au/data/attachments/5244/5244171-af9d35a75cf7ca45b25348ad3c9a0d5b.jpg

    https://hotcopper.com.au/data/attachments/5244/5244175-bafbbe9d663c4bc8e3589ef16094829a.jpg

    https://hotcopper.com.au/data/attachments/5244/5244178-2d615232681210d4a200df279c6b1fda.jpg

    https://hotcopper.com.au/data/attachments/5244/5244180-a4f6d0b3040e503172daa859119fb8bb.jpg

    https://hotcopper.com.au/data/attachments/5244/5244181-e0f152d7e7903f770415f7b3c44a9d34.jpg

    https://hotcopper.com.au/data/attachments/5244/5244183-9eabe7bf06699a052243e179112b4753.jpg

    https://hotcopper.com.au/data/attachments/5244/5244189-ad411bed6b5a896c958f6d338dd3b24b.jpg

    And this is the project map and layout below...

    https://hotcopper.com.au/data/attachments/5244/5244209-11dc37d1ffd6419b5c3f97f18c734d3d.jpg
    Last edited by anatol: 03/05/23
 
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