What is loading?
It's not the Windows OS loading,
it's LTR's KV project is loading with mine development.
So why would we wonder about who is bidding for LTR for $2.75, $3, $3.5...
Even $4 bid is too late.
Wouldn't be happy for $5 either anymore..
We took the risk, we waited for so long, now we have come to the last steps of the latter for production...
We have money, we have the right and excellent team working hard... and we have the best location indeed.
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.
Therefore all those media speculations are waste of time.
Yes LTR needed to make an anns about AFR's article. AFR is the major media source needs to be taken into account with its news. When an article comes up in AFR, generally the ASX companies take an action about that news. So LTR did the right thing IMO.
Yes LTR's KV project is the last Tier-1 project in the world atm. As I said before whichever existing lithium miner buys LTR's KV project then it will be the largest lithium producer in the world. (I'm saying existing producer..!). You can make your own examples. Say ALB buys LTR, ALB is already the biggest producer and will be a monopoly. SQM buys LTR, yes SQM then will be the largest. WES buys LTR yes WES will be the largest.
By the way "largest" does not mean in resource tonnage, it means the quality of the lithium resource in tonnage. For example WES; it has 90mt at 1.5% Li2O at Mt Holland project. It is best resource together with LTR and Greenbushes. When WES buys out LTR then WES would have 260mt at 1.50% hard rock resource. No one has got it atm. Same thing for SQM. SQM would be even bigger as it has 50% of Mt Holland plus Atacama brine project.
Can you see the importance of LTR?
LTR will be producing 600kt spod concentrate in 2025. (starting half of that in 2024). Then the revenue will be $2.4b per annum. And nearly $2b profit. It's nearly $1 profit per share. That makes $15 per stock price for share if we get the P/E (Price/Earnings) ration which is the industry standard.
So what is $2.75, $3.5, $4, $5... they are all nonsense.
Can you imagine the dividends you will get from the profits?
It's obvious that there will be a lot of noises around the market from now on. No doubt about it.
I prefer to wait patiently as always.
Still researching and analysing everything.
The next 15 years will be very good for the lithium producers.
So I am patiently waiting as always.
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What is loading? It's not the Windows OS loading, it's LTR's KV...
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