LTR 0.34% $1.45 liontown resources limited

Without going over this again, for the first 5 years or more LTR...

  1. 9,056 Posts.
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    Without going over this again, for the first 5 years or more LTR is actually using 1.56% Li20 ore. The overall MRE result reported by LTR includes the top layers of the deposit , where grades are 1.3% or less, that are destined to be open pit at end of project life (or DSO in the early years - although that seems to have been put on hold).

    I suspect LTR will continue finding higher grade ore as they continue exploring/drilling in later years in the underground sections after production starts - like Greenbushes has and continues to increase MRE (when many think the mine is exhausting) in its mine (i.e. MRE is not static, just like PLS keeps increasing MRE too). As we know, the grades are damn good in LTR's underground section.

    This was dealt with by me in Post #: 73222624 and posts around that date.

    Not sure your agenda here, but this was dealt with ages ago.

    All IMO
 
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