LTR 3.69% $1.05 liontown resources limited

Ann: Response to Media Speculation, page-104

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    you could still be correct Kikker, discussions and negotiations about what LTR may be worth and what they may want in order to recommend the shareholders sell is still not a proposal or indicative proposal. Until a figure is proposed LTR can still say that the media speculation is wrong as no proposal has been received yet, whether indicative or not. An actual figure has to be proposed. We are clearly not there yet and may never be, hence LTR was correct to say we have received no proposal. They didn't say they have received no expressions of interest or were not in discussions with an interested party. Anyway, I agree with @anatol, what we are worth now a suitor is unlikely to pay. We should go mining.
 
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