LTR 5.39% 79.0¢ liontown resources limited

ASX Today, page-12809

  1. 2,945 Posts.
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    The Chinese communists hang like a millstone around the necks of any project they're in. Their ultimate goal is total ownership as cheap as possible. If that means parking a project for a decade to bankrupt a JV partner that's what they'll do. Dirty tricks are the name of the game. Sundance #2, hopefully without the deaths.

    LTR is highly unlikely to require a Chinese partner, but will be exposed to potential offtakes. The Chinese recently held iron ore and coal cargoes out of port and stopped them from unloading because they got a bit upset. They've refused to unload iron ore because they say it doesn't meet specification. Previously they've allowed food to spoil pending "inspection".
    Last edited by RobThomas: 13/11/21
 
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