LTR 2.47% 79.0¢ liontown resources limited

Considering Half of Ltr shorts ie 130m were built after the...

  1. vmp
    13,308 Posts.
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    Considering Half of Ltr shorts ie 130m were built after the share price dropped to 94 cents since end of January
    I’m not ruling out a strategic move to suppress it for a takeover especially it’s commencing production at a valuation of 1/4 of closest peer - this MO has been subtly employed consistently in M&A
    We know Ltr is now derisked and KV is the best lithium mine and therefore at any time remains as the most attractive tier 1 target. They also have Buldania as a freebie in a takeover
    I’m not expecting Gina to request a seat on the Board btw otherwise she would have done it. She’s here for a big catch.
    Since greenbushes is depleting fast, Alb may even rethink working with Gina; alternatively she can extend her partnership with SQM or Rio to take us.
    I could be wrong it’s anyone’s guess
    All imo
    Last edited by vmp: 31/07/24
 
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