LTR 4.22% 73.8¢ liontown resources limited

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  1. vmp
    13,320 Posts.
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    @8horse

    Sign of improving sentiment there. Some parties wanted to snap up the parcel and not take the risk of losing out to someone else. This is likely just a start.

    The penalty though is USD94/t. If LTR can at the minimum deliver on 6.00, that's USD94/tonne or AUD72.3 million straight into profit based on nameplate. That translates to 3.6 million $20-meals. If the ATO people visit the sight, we charge them for their meals too. Long term holders eat for free i supposed, theres more than enough food on 72 million


    And guess what folks? If the spod price improves further, the bumper penalty that LTR avoided will be much much bigger. We can all go and visit KV and enjoy a free lunch with perhaps a truckload of red wine from @Kikker1959 's vineyard.


    Shorters are welcome to attend for a naked group photoshoot in the open pit at Kathleen's corner. that would be hilarious.
 
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73.8¢
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76.0¢ 76.3¢ 73.0¢ $4.224M 5.644M

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27 511465 73.5¢
 

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74.0¢ 216846 35
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