HI LIONAIRES,
Ltr is super agile. The 14-pax team have made enormous achievements, and much of it have been buried for allowing trolls dictate the conversations. There’s no point arguing with them apart from occasionally ‘slapping’ them. You cannot argue with them without stooping down.
lots of nuggets in the DFS and pilot plant results worth highlighting but can’t be done for all of them.
The met tests should be one of key points that give everyone confidence. They’ve done hundreds of them. And
they’ve produced not one or 3 kilos of output but 1,000. They said that, 1,000 kilos or one (1) tonne, unlike others who produced a few grams, which is enough to provide samples to customers throughout a suite of Tier 1 players in battery supply chain. Have a look at the results for Mt Mann and the NW areas are not far off in terms of grade and
premium out out north of 6%. Spodumene feed grades from mt Mann are as high as 6.764%!!!
Samples are likely about to reach their target destinations now.
Buldania assays due any moment. I think we will get some results this side of the holidays.
When TG said Ltr is the next Fmg or something to that effect, that’s a company worth $70 billion. I think he didn’t make that remark out of thin air, must have been in his chest. This is possible when Ltr is not just a miner of raw battery materials but also a chemical company with its downstream ambitions in play.
Again, PLS and IGO or MIN don’t have that vision. Ltr is working out deals from OEM and backwards. They know the important co-dependencies of a miner, converter, cell manufacturer, cathode, which will all receive the demand signal from OEM’s. This tells me that once they sign offtakes very shortly, they will not sign them piecemeal, they’ll sign a flurry of these
in very quick succession across the supply chain - it will look like a big integrated supply chain where LTR is the originator or the one that provides the fuel into the engines of various players in the chain from converters all the way to OEM. - therefore LTR will fly into orbit with this suite of Tier 1 players embedded in its business model and strategy.
What I envisage happening is that the supply chain will evolve and Ltr will set the new standards of practice in the sector, Yeap LTR will drive the evolution of the supply chain - that’s the bold ambition TO was talking about which no one is doing yet imo, it’s all been talk since 2016 but Ltr will force it to happen- because Ltr will not sign with VW or Tesla without doing so with the rest of their supply chain - it’s a CHAIN, you can’t have a weak link in the chain guys - everyone must recognise and respect it- that’s the vision- you can’t just make gazilions whilst your business partners are starved of profits - even the traditions on owners should be part of it. Peers are locked up in their antiquated contracts and will take a while to change their systems - because it has to start from their thinking and vision before you can plan and action - they’re not thinkers and visionaries, they’re there for quick profit like day traders - for example selling a huge portion of personal and company stakes at a bargain - lol someone at the helm sold half of his multimillion stakes - not at Liontown).
LTR is agile. It’s a better investment than Microsoft. In fact imo It will exceed Microsoft’s profitability And revenue per headcount by a million dollar miles.
When DR and TG went to KV and pointed to the sky, you’ll know it’s blue skies for Liontown. Hold on to your millions and ignore the noise. That’s Tier 1 thinking.
All imo.
(20min delay)