I doubt very many here are now primarily holding LTR primarily because of any bid coming along, especially at this late stage of ramping up its own production. But I certainly would not rule out the possibility of another bid (considerably higher than the original $3) from GR or another party with big pockets simply based on the reasons mentioned above. What other big, new Tier 1 producer is there on the horizon, and which is likely to be in LTR's current sweet position within the next few years?
I'm sure envious eyes are watching and ready to pounce when the lithium expected demand & price increases arrive. Personally, I'm happy to hold and patiently wait for whatever outcome the future might hold. I can remember when MIN was less than $7 and I didn't buy because I thought it was much too expensive! But now it's holders are sitting pretty whether it gets a take-0ver offer or not, That's where I'd like to see LTR positioned after full ramp up.
LTR Price at posting:
66.5¢ Sentiment: Buy Disclosure: Held
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