Well said, and I’m sure Tim & Tony the short burning Kings are...

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20/12/23

16:24

Post #: 71552917
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Originally posted by dynofish ↑

I am not counting my money based on recent rises and it is normal circumstances for there to be a Santa Claus rally. It happens at least in part because short sellers and indeed a lot of punters long and short close out positions to go on holiday I think. They may well be back in the early New Year. But maybe not...

This year may be different for LTR because we have extra shifts coming on over the break to ensure we stay on track with project completion. This was stated by Big Tony at the AGM. And so it would be a brave short seller who opened new positions when there is very likely to be regular positive news flow about progress at KV, especially with underground declines progressing towards our high grade ore, wind turbines to be shown hoisting onto towers and the maze of plumbing for our flotation circuit, and of course the crusher circuit conveyors reaching final completion.

There is the potential snag of Chinese New Year shutdown in February which may give some opportunity to do a job on the futures markets or run down inventories. Against that is the common sense position that battery makers know that after Chinese New Year there is quite likely to be the usual surge in demand. Either way, we have seen volatility before and I am almost immune to it now because I feel we have the enormous comfort to be fully funded to production and more, as well as having the best new lithium asset on the planet! ALL GOOD!

regards
DF

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Well said, and I’m sure Tim & Tony the short burning Kings are looking forward to when they can release news on Buldania. Ouch!

We await………

LTR Price at posting: $1.68 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 90.0¢		Change -0.010(1.10%)		Mkt cap ! $2.182B

Open	High	Low	Value	Volume
92.0¢	93.5¢	89.5¢	$18.88M	20.76M

Buyers (Bids)

No.	Vol.	Price($)
23	1306184	90.0¢

Sellers (Offers)

Price($)	Vol.	No.
90.5¢	74115	1

View Market Depth

No.	Vol.	Price($)
19	820198	0.900
28	447488	0.895
44	419825	0.890
15	406977	0.885
58	475229	0.880

Price($)	Vol.	No.
0.905	74115	1
0.910	878160	19
0.915	281258	7
0.920	131104	4
0.925	85000	3

Last trade - 16.10pm 25/06/2024 (20 minute delay)

LTR (ASX) Chart

Well said, and I’m sure Tim & Tony the short burning Kings are...

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Eurozone-based companies find new ways to secure a regional lithium supply

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

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Well said, and I’m sure Tim & Tony the short burning Kings are...

Top Stories

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Eurozone-based companies find new ways to secure a regional lithium supply

Time for retail therapy buying in the shopping Scentre for hot stocks

End of FY is a time to juggle wins, losses and capital gains taxes

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

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