LTR (ASX) ASX Today

Nice post @SMP46

Yes "we've remained united, firm in our belief in the potential of this stock. It's inspiring to see everyone holding their ground"

And @WhatiFOnly's story for his doughtier is also beautiful.

"Someone" and its shorters and also everyone should know that we will remain 100% united, hold our ground and will support Tim Goyder and his management, regardless of the stock price.

I know large retail holders with 30m, 12m shares who didn't sold anything to Hancock, are still holding their LTR shares firmly and holding their grounds because they share the same belief in the potential of LTR.

That makes us the largest shareholder in LTR, therefore we have the ability to control LTR and its destiny. No one can beat and manipulate us as long as we remain united. We will beat them. (actually they already are)

Our classic image.

LTR is shorted at even $1 level with very low mcap. That did not seem to me it's being shorted for making profit from the shorts. I told this issue on HC before ("Someone" was shorting LTR to make a low ball bid type of idea, which is 100% true IMO).

The lithium price decline helped the "Someone" and its shorters so far. But they also overshorted LTR because its mcap has become irrational and irrelevant to its assets.

After LTR announced LG deal and got the AU$380 money from LG in the bank, everything has changed while everyone got amazed. LG accepted $1.80 per share convertible note credit while the sp was 90c. That was a proof that LTR sp was irrational.

By the LG deal, "Someone" and shorters really went into a bad position. They might be praying for spod price to go down a lot more to under $600/t which is not going to happen.

Now the "Someone" has no idea what to do to make a very low ball offer for LTR atm.

LTR is now a producing company but not an explorer or developer. Our management focused on generating cash by reducing all other non-urgent activities atm.

As far as I know there is not any problem due to commissioning and ramping up in KV site. There is only usual things and little problems (replacements, amendments, etc) are needed. Everything is on track and it's my understanding that they are producing 6% and plus spod atm.

Money will be starting to flow in soon and we have enough money in the bank to support the ramp up process for a very long time. The time will working in our advantage.

Therefore I have a very strong belief in LTR management as they have done everything they promised, and I have the belief that the lithium price will have to recover asap otherwise the Chinese will have to pay a lot more for the lithium in the very near future.

My belief is based on what the LTR management did in the past, and my 9 years of full time research on lithium market.

So "Someone" is in trouble and trying to save time by holding LTR sp still at those low levels. That's ridiculous.

As a result, both "Someone", the shorters and us as LTR management and holders, are all doing the same thing;

Saving time..!

We will see if the time will work for us or for them.

I'm sure the time is working in our advantage though.
The short squeeze is going to be inevitable soon.

LTR's mcap is even not $2b today.

SQM and Hancock valued AZS around $2.8b even with no MRE (Mineral Resource Estimate).

5 years ago WES paid $775m for half of Kidman's Mt. Holland project when there was even no DFS. The value of that resource was considered at $1.55b 5 years ago. That is even higher than LTR's mcap of today when considered the 5 years time and the deal was done in the worst time of lithium market in 2019.

We are not stupid to believe the mcap and sp of LTR today.

And the shorters will regret for shorting so stupidly.