ASX Today, page-115

That is correct in my view. As the share has now been de-risked it is good buying for those with a mid to long horizon and with the Buldania bonus to come and a chance of some corporate action in the next 6 months. I did try to punch through the wall this morning and later today as the KV result was just so compelling for my SMSF but I wasn't going any higher than 11c obviously and the wall held. Today at least. A week ago I wasn't going to buy more as I did think that the KV result would push it to 14c pretty quickly, but also I was not surprised after being in KDR for a long time that capping is occurring. The good news is that my long position is now out of the daily market. Hopefully the wall will burst after Buldania but if not, so be it. The value is there, why else the big capping? @anatol research and the @mistie value comparisons are solid in my view. I am no TA expert but it does seem to me as stated by @mickvp25 that a strong base is being created here for the next leg whenever the market is ready. I also am of the view that the IIR research that LTR just released to back up their own reports was part of a long term strategy to prime their resources for sale and not just to impress shareholders and potential offtakes. I maintain the view that LTR will be sold or be part of a major JV, and possibly by Xmas.