hi @dawgfather
similarities yes...
back in Jun 2020 LTR was $.10 cents
by Oct 2020 $.26 cents ,
Dec 2020 $.33 cents ,
Feb 2021 $.46 cents ,
Jun 2021 $.65 cents
Aug 2021 $.85 cents
Sep 2021 $.93 cents then ... inclusion into ASX 200 and never saw $.99 again ...
found more lithium along the way
The initial drilling started in LTR Buldania project, SP increased just like ours with incredible finds
Then Kathleen valley project found thick intersections SP increased again ... similar...
Then again spectacular intercept again in their Kathleen valley project , SP sky rocketed
Then substantial increase in their Kathleen valley mine life ... further SP increase...
The reason I detail these points is that LRS exploring and finding incredible spodumene underground is very similar to LTR but LRS quality is higher some even over 3%
The news feeds feels the same ... exciting anticipation
The SP move is faster in LRS but still feels the same
Look at the LTR SP movements ( shown above ) feels similar
What is extremely important is to make sure we provide "non built in " news like Size increases
The quality in the assays coming soon will be good ... and the market is already trying to anticipate it as LRS has already set a high bar , how maintaining momentum is key.
The news feeds need to meet the expectations, then bring out something spectacular ; this creates the frenzy in the market which is beyond FOMO ...
it's Frenzy that needs to be created ... this is what happened to LTR... frenzy
LTR prosperity also came last year as the interest rates were low and no war was on ... yes there was Covid
but
LRS has to now contend with macro geo political factors which means more volatility but as VMP also states if we can sure up how much we actually have underground with above 1.5% to 2.00% quality then watch the market cap in this beautiful instrument of success!!!
Disclaimer;
All please DYOR too... Not meant as financial advice
personally we have been noticed by the market if we can substantiate our claim with quality and quantity and with the right new feeds ... this absolute gem is coiling to rocket !!!
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hi @dawgfather similarities yes...back in Jun 2020 LTR was $.10...
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