LTR 6.15% 61.0¢ liontown resources limited

I have to mention the jungle boys, what a disaster over there....

  1. 10,697 Posts.
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    I have to mention the jungle boys, what a disaster over there. The risks investing in Africa is so huge as we here can’t grasp the level of corruption that takes place. it’s massive. But still they invest for chasing returns and the returns investing in the safest location LTR WA still out performed the one closes to being the worst AVZ DRC. They still think it works out for them, i see dark times ahead. If it was all straight forward they would not suspend for 7 weeks and probably longer. I remember 4 years ago they were singing praises of the Chinese there, they will build our mine in record time and we don’t have the WA red tape. They have massive corruption and look at it now, stranded. Rainy season again in a few months. The resource is real and big but i bet London to a brick that the Chinese will have it all and the poor AVZ mums and pups, are standing with no chair when the music stops. We have invested wisely.
 
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