LTR

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92.5¢ liontown resources limited

Can you remind me how much waa tipped in by Gina and retail...

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pastperformer

7,494 Posts.

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25/06/24

12:41

Post #: 74477621
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Originally posted by SMP46: ↑

I find it quite pathetic to hear people scaremongering that Liontown Resources is going bust, especially given the strong backing it has received from the federal government. Liontown's flagship project, the Kathleen Valley lithium project, has been recognized as a crucial part of Australia's push towards becoming a key player in the global lithium market. The government’s support underscores its significance, not just for the company but for the nation’s strategic interests in the renewable energy sector.

The federal government's backing isn't just a casual endorsement; it's a clear signal of confidence in Liontown's potential to deliver substantial economic and technological benefits. They see the value in securing a domestic supply of lithium, which is critical for the burgeoning electric vehicle market and renewable energy storage solutions. This project is more than just a business venture; it represents a significant step forward in achieving national goals in sustainability and economic resilience.

Moreover, the resources and infrastructure already invested in the Kathleen Valley project indicate a solid foundation for future success. With such strong institutional support and a clear path to market, it's hard to see how anyone could seriously consider Liontown as being on the verge of failure. The pessimism seems unfounded when you consider the broader context and the strategic importance of their work.

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Can you remind me how much waa tipped in by Gina and retail holders in the last capital raise? Can you also remind me the discount and share price reaction after?

You and I have a very different definition of "support".

LTR Price at posting: 90.5¢ Sentiment: Hold Disclosure: Not Held
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Last 92.5¢		Change -0.040(4.15%)		Mkt cap ! $2.243B

Open	High	Low	Value	Volume
94.0¢	95.0¢	92.0¢	$8.521M	9.153M

Buyers (Bids)

No.	Vol.	Price($)
26	369258	92.5¢

Sellers (Offers)

Price($)	Vol.	No.
93.0¢	5600	2

View Market Depth

No.	Vol.	Price($)
17	161831	0.925
36	434133	0.920
14	290407	0.915
40	708990	0.910
14	423032	0.905

Price($)	Vol.	No.
0.930	3600	1
0.935	67300	2
0.940	15000	2
0.945	30000	1
0.950	110600	9

Last trade - 16.10pm 02/08/2024 (20 minute delay)

LTR (ASX) Chart

Can you remind me how much waa tipped in by Gina and retail...

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Can you remind me how much waa tipped in by Gina and retail...

Top Stories

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Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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