LTR

4.15%

92.5¢ liontown resources limited

Absolutely on point DF, 10000% HEARING YOU. You and many of us...

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02/08/24

17:50

Post #: 75049938
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Originally posted by dynofish: ↑

I realise that some of this at least has been posted about before, but the commentary from the CEO of RIO, Jakob Stausholm about lithium is worth referring to for anyone who is a long term holder, or indeed an intended LTHer of LTR. I have included the reference to the full transcript of the earnings call from the half year result (here). The transcript demonstrates the incredible depth of research and knowledge that ultra large corporations have about the global economic and industry outlooks. There was also a decent report in yesterday's AFR about his remarks. I will post an image below...

From AFR about the Stausholm briefing... He said when asked about acquisitions underlining the importance of "synergies" created by adjacent assets or shared infrastructure..."We would like to strengthen our lithium business, and we also have opportunities to grow our copper business," .... "I couldn't care less about what the lithium price is in the next twelve months, I'm more thinking about how will the market and demand be over the next decade or two, and lithium is necessary in almost any construct of a battery."
Again a quote from the AFR article now... "Mr Stausholm said he was confident in long term demand for lithium, despite prices slumping by more than 80% over the past 18months amid surging supply. "Short term it is unpredictable, but longer term it is quite predictable," he said.

Regards
DF

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Absolutely on point DF, 10000% HEARING YOU. You and many of us took note of these comments from Stausholm. Reaffirms our core strategy and beliefs.

A1 post!!

LTR Price at posting: 92.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
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($)
23	345296	0.925
51	729088	0.920
16	347045	0.915
44	780828	0.910
16	426131	0.905

Price($)	Vol.	No.
0.930	5600	2
0.935	67300	2
0.940	80115	6
0.945	42488	2
0.950	114100	10

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

LTR (ASX) Chart

Absolutely on point DF, 10000% HEARING YOU. You and many of us...

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

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

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

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Absolutely on point DF, 10000% HEARING YOU. You and many of us...

Top Stories

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

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

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

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News