The shorters on Ltr would lose $2.7m for very pip our sp rises...

The shorters on Ltr would lose $2.7m for very pip our sp rises

If you’d look at the last 5 years, Ltr’s share price rose 50-100% in the period Aug to December except it rose more in 2023 because of the takeover offer


Diggers and Dealers in less than 24 hours


Ltr will be showcasing the best lithium mine in the world
They’ll surely bring a sample of the spodumene
Would it be 6 or 6.5% for attendees

Shorters are aware that they’re hopeless against welded on shareholders
There maybe a few newbies who are undecided, who still listen to the oversupply narrative
That’s what they’re after

As @anatol stated before, many of the analysts including bmi are peddling oversupply

Australia remains to be the biggest producer
So if we measure it from here, only pls is ambitiously tripling their capacity to 2 million
But we know they didn’t  make money in the last 9 months and they bled 1.7 billion in the last 12 months
Both SQM and alb are in the same cash burning boat

Only the best mines will remain profitable
Ltr has built a resilient plant
It’s time to prove it


You can listen to the Ltr  presentation remotely


For those having doubts, no one can help you coz your issue is in your own head



here’s the rise of shorts on Ltr, most if not all are from 92 cents (all new shorts, if the original 5% already covered at end of January). They shorted Ltr at $2 billion mcap just as it’s about to produce and when peers are $6b and $9b.


The market rewarded LTR with a cross eyed penny on its first week of continuous spodumene production.


TG and TO know that.  Looking to see how they’ll deal with that.