ASX Today, page-37222

Hey @anatol thanks for that analysis and research once again.

Even some companies which go bankrupt don’t reach a ridiculously low mcap before going belly up.
Ltr is being treated as though it is already bankrupt and will fold tomorrow just because of inaccurate forecast. So the upside is huge at this level - considering commissioning starts in a few weeks and production shortly thereafter.
Pls $10.5 billion
Ltr $2.2 billion easily 4x upside


Ltr will be more profitable than PLS on comparable volume. Just look at the penalty for 5.5%, tis starting to bite on pls profits, in contrast Ltr expected to do 6%-6.5% as norm, no penalty but rather potentially commands a premium.

Hundreds of tests done returned consistently high grade- reflects KV’s ore quality, and very negligible deleterious elements means high recovery and top notch consistent grades


With regards to analysts forecasts, or investment banks forecasts, seems most people already know they talk down the sector so they can accumulate at the cheap, then they change their forecast because it’s just a forecast- in other words it’s useless but it’s a tool that’s used, it’s unreliability renders it actually as a tool to fool people and people fall for it despite knowing such. Just get into a forecast or budgeting meeting - it’s a tiresome, endless process of forecasting and explaining the variance from forecast every month or every quarter. And companies pay their analysts doing the same thing - creating a Unrelaiable forecasts and fooling each other. But that’s what the banks require. Super insane that Ltr agreed to use wood Mackenzie solely for their negotiations. TO you can do better than that!




all imo