LTR 6.29% 67.0¢ liontown resources limited

I repeatI believe they are building in a bufferI go to the bank...

  1. 3,455 Posts.
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    I repeat

    I believe they are building in a buffer

    I go to the bank and ask for a loan / go to shareholders for an equity raise and say I need $1 billion (round figures)

    6 - 8 months later I go back and say I need a bit more

    Doesn't look good does it

    There are ALWAYS additional costs

    Therefore you build in an allowance for those extra costs at the beginning

    ALWAYS ALWAYS allow for those extra costs that ALWAYS happen

    Good management by the Board of LTR

 
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