@vmp "If I were a small time shorter I’d close my position and...

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eugened

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20/03/24

20:15

Post #: 72982852
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Originally posted by vmp ↑

Shorters lost nearly $200 million on Ltr alone when the TO offer was received

Any TO launch has to be $3 to have a chance - as Ltr at the cusp of production

Thats a minimum of $380m risk for current shorters ($1.75 x 217 m shares)

that’s an entire Sydney suburb worth 380 homes to be lost at $1m each

The register I think has tightened with more buys from holders who sold at $3 and existing holders who topped up with six figures, looking to hold until production and/or takeover

Ltr is touted as the most compelling tier 1 TO target by observers in the sector.

Gina has not requested a board seat until now - her team is getting regular update from the project.

A green day today

lithium prices improving, supply forecast changing rapidly, heaps of phone calls in the queue for uncommitted KV tonnage - LG was at the site, they need the product with their huge expansion, they’ll support Ltr imo it’s in their business best interest

If I were a small time shorter I’d close my position and avoid losing sleep of heart attack or losing my home. I wouldn’t want to join a naked photo shoot at Kathleen’s corner. Ltr about to ann a flurry of Ann’s to commission the best lithium project the worlds ever seen (60% renewables) and it’s coming from a basement valuation currently 1/4 of its closest peer.

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@vmp

"If I were a small time shorter I’d close my position and avoid losing sleep of heart attack or losing my home." REALLY!!!!

Ty again.................. these small time shorters have already closed their positions after the $3.00 nose dive, and these same small time shorters (who you so desparately want them to loose money!!) have already used their immense windfalls to BUY mansions !!!!!!!

Last edited by eugened: 20/03/24

LTR Price at posting: $1.24 Sentiment: Sell Disclosure: Not Held
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