LTR 2.60% 98.5¢ liontown resources limited

Thanks, @anatol, the purpose of me presenting my numbers as I...

  1. 76 Posts.
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    Thanks, @anatol, the purpose of me presenting my numbers as I have done so in the past is validate my understanding and ascertain what the KV project is worth and understand it's (conservatively) potential value in financial terms which I hope others could see it too -it's a project that have the potential to deliver close to $1 or more DPS.

    A couple of HC members including yourself have been instrumental; providing valuable information back in 2019 and are the reasons I took a serious look at LTR; reviewing the Board (I was already invested (& still holding) in 2 other companies where TG was a major shareholder) composition, asset location, economics of KV & Buldania, etc.

    The journey so far have been truly life-changing on paper and mentally - once again; thank you.

    On the takeover bid; there's no denying that it could come as I believe LTR's BOD have foresee it too which is perhaps why the following resolution was put forward and subsequently passed at the AGM last November and this clause will expire (unless renew) in 3 years' time; when KV is expected to go into production in 2024 - at least we have the comfort of knowing if a takeover comes; it would be fair and not be an underhand takeover bid.

    https://hotcopper.com.au/data/attachments/4107/4107954-80be580759386bb3d305a438e673164d.jpg
    https://hotcopper.com.au/data/attachments/4107/4107994-b58c307d3bd1cb53805167ca3e71cf22.jpg

    As of today, there's now less than 2.5 years left till the end of 2024 FY (30th of June 2024); I understand some may have personal reasons for wanting or foresee a takeover bid but TG had been "waiting" for 16 years so what's another 2.5 years to wait till production to realise a SP re-rate (which it rightly should) and if it does come; a takeover bid at a higher price for those wishing so.

    My preference would still be to reap the rewards (dividends) for potentially 2 decades out of the KV project; In my conservative +90% integrated scenario, the potential DPS is as good as winning the Monday Lotto once a year for those holding over a million units and the best thing is; you don't need to sell a single shares.

    Perhaps like many, I am biding my time; grinding in the corporate world until the faithful day comes whichever it may be *fingers crossed*.
 
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98.5¢
Change
0.025(2.60%)
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98.0¢ $1.01 97.5¢ $10.26M 10.38M

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5 97045 97.5¢
 

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Price($) Vol. No.
98.5¢ 8000 1
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