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3.85%

68.8¢ liontown resources limited

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eyeinthesky

1,367 Posts.

260

08/08/24

06:55

Post #: 75118215
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Originally posted by vmp ↑

TO said we are not arrogant as if we will not take lessons or recognise the challenges on ramp up, but I agree @Scarpa Comparing Ltr to the peer of interest is tantamount to saying we never learned from their costly mistakes. Within months they’ve run into a plethora of probs, they had to do a lot of fixes -such as adding or fixing their grind optimisation circuit, adding more circuit to remove deleterious iron content - , because the recovery was low and iron content coming from the crushing and ball mill was very high, 1.25. Ltr deliberately designed the flowsheet with avoiding these flaws in mind.

Anyways, regardless of monumental achievements in the last 5 weeks, the share price is hugging near low of lows.
the shorting attack is really odd for a $2b producer that’s valued just 25% of peers. The intent of shorts that lost $200m in March 2023 seems to be different from the current short position. I smell something here

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There has been an “aroma” about the trading for some time imho

Last edited by eyeinthesky: 08/08/24

LTR Price at posting: 88.0¢ Sentiment: Buy Disclosure: Held
18 Upvote

0 Great analysis

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(20min delay)
Last 68.8¢		Change -0.028(3.85%)		Mkt cap ! $1.673B

Open	High	Low	Value	Volume
70.0¢	71.0¢	68.5¢	$3.256M	4.677M

Buyers (Bids)

No.	Vol.	Price($)
22	204744	68.5¢

Sellers (Offers)

Price($)	Vol.	No.
69.0¢	229084	27

View Market Depth

No.	Vol.	Price($)
28	240339	0.685
25	523291	0.680
21	219229	0.675
16	1137531	0.670
6	117334	0.665

Price($)	Vol.	No.
0.690	231635	26
0.695	440508	24
0.700	553884	27
0.705	155157	13
0.710	126642	9

Last trade - 11.02am 13/09/2024 (20 minute delay)

LTR (ASX) Chart