LTR 0.00% 81.0¢ liontown resources limited

ASX Today, page-11490

  1. 24,192 Posts.
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    As I suspected there is no elephant in the room. Simply a over hyped for its current project stage. The market will return balance and to fair value eventually (probably @ DFS time as mentioned before).

    I see some here praying out for BHP and or RIo a takeover. Why would they spend $3.5b on LTR which is years away from mining when they can have PLS for 2x the cost which is producing right now. Or AVZ which has +100 years of higher grade resource. BHP already seriously looking in DRC for a Cu acquisition. I don't buy the LTR takeover story frankly. Not until all those tasks above have been completed.
 
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