You are exactly right @vmp.
I am not excited by this 76c price at all.
The only thing excites and makes me happy that is I bought at 2.1c on April 2019 after following LTR for 3 years since 2016.
I am also happy that I posted my research here along the way since it was 2c.
My first post is here Post #:37991755 on April 4 2019.
Apparently it was the right decision. I have a 37 bagger now. However it doesn't matter how much bagger I have made, I am trying to find the right value. It's still heavily undervalued IMO. I even bought my last parcel at 47c. I have no spare money to buy atm. Otherwise I'd buy more because we have a long way to go.
I am still constantly researching everything at the background; EV forecast, battery gigafactory announcements and capacities, new projects, acquisitions, lithium prices, ESG credentials, etc. etc.
And I am comparing what LTR is doing with what other producers, developers and explorers are doing according to that market research.
It's unbelievable guys. I can tell you this (IMO of course);
What LTR management is planning and doing is far ahead of all of the other current producers, developers and explorers. In all terms; technically, commercially and socially (in ESG terms).
LTR is playing very big. Trying to be a unique lithium downstream producer by all terms as I said above.
"Unique downstream producer"; There is a lot to talk about that. The other producers and developers have already missed that train but LTR is making all (project) plans to be it.
I will make a post later on about these issues on this weekend after making more research and getting some clearance. Then you will see what I mean.
I put my targets on my last post by the graph as you know. At least $1.5 per share in next 12 months. That is 99% probability IMO. That can be easily achieved by the end of this year if LTR announces the stake sales and off-take agreements early.
That is a conservative valuation.
Buldania is not included in it.
Moora-Koojan is not included as well.
$2.5 -$5 in next 3 years wouldn't be a crazy share price.
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96.0¢ |
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Mkt cap ! $2.352B |
Open | High | Low | Value | Volume |
97.0¢ | 97.5¢ | 95.8¢ | $5.602M | 5.800M |
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No. | Vol. | Price($) |
---|---|---|
26 | 251037 | 96.0¢ |
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Price($) | Vol. | No. |
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96.5¢ | 36811 | 4 |
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No. | Vol. | Price($) |
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17 | 97195 | 0.960 |
27 | 696753 | 0.955 |
49 | 595669 | 0.950 |
12 | 260257 | 0.945 |
12 | 634410 | 0.940 |
Price($) | Vol. | No. |
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0.965 | 49329 | 3 |
0.970 | 303270 | 26 |
0.975 | 143332 | 17 |
0.980 | 116510 | 4 |
0.985 | 98823 | 4 |
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