LTR 5.08% 93.5¢ liontown resources limited

re: Ann: Results from Drilling at Jubilee Ree... Hard to predict...

  1. 115 Posts.
    re: Ann: Results from Drilling at Jubilee Ree... Hard to predict the price but what brought me to this company was its policy of looking for opportunities in proven areas. They also look for JV's wherever possible, I think they have only done 3 cap raisings since 2009.

    Current market cap is bugger all really so plenty of scope for a significant price increase. The Top 20 hold around 70% of the shares, so if the results are good it could move very quickly.

    You'd have to think the Jubilee Reef trading halt till next week means the results are very positive. Remember Ramelius is also drilling at Mt Windsor - I wouldn't discount that prospect either.

    Bring on Tuesday
 
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