LTR 1.79% 82.5¢ liontown resources limited

ASX Today, page-40156

  1. vmp
    13,550 Posts.
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    Shorting intensely when share price was at $1.10-$1.20 range ($2.5b mcap) whilst PLS and Sigma are at 5x and 3x mcaps respectively, the only rationale to short “Ltr is that it has to go down the 50cents gurgler or $1.2billion as some wannabes been peddling here. That means the plant is valued at zero and the deposit at $1 billion or vice versa or the mine won’t work, the concentrator won’t work and the sun won’t rise in the horizon. And that’s their wish. And they have a cool 267 million shorts to make a that statement. With the dry plant done and crushing of first ore done, they’ve increased their shorts again to 11% as per Shortman report today, Therefore they’ve solid faith it won’t work.



    meanwhile, the 900-pax team are busy like bees commissioning the plant and the count down continues
    Last edited by vmp: 09/05/24
 
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