LTR 5.00% 94.5¢ liontown resources limited

ASX Today, page-41418

  1. 311 Posts.
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    In January, our share price (SP) was around $1.20 when funding issues were announced, which subsequently pushed our SP down to $0.90...

    At that time, production was six months away, and there were associated risks...

    Lithium prices were at similar levels to today, and short interest was around 6%...

    Fast forward to July...

    Our funding issues have been resolved, and we are on the brink of production...

    Lithium prices have returned to their January levels, but many indications that they may rise further...

    Despite this, our SP remains around $0.90, and short interest has increased to 11%...

    It's clear what's keeping the SP at these levels...

    I remain very optimistic about the future. The more short-sellers push the price down, the higher it will go when they cover their shorts....
 
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