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92.5¢ liontown resources limited

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Icarus210

387 Posts.

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30/07/21

13:44

Post #: 54906008
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Originally posted by timmi: ↑

I can why the smaller lithium players need to go down the path of offtakes. Ltr raised $50m and so is fully funded going into the next phase and yes they have BOD have skin in the game. Also watching how they look at whether they push hard to realise full value for the shareholders and their intentions to produce a concentrate. PLS are showing their willingness to shake things up with their reverse auction and getting maximum value. Now all we need is a battery maker here in WA think of the benefits this will have to all lithium companies in WA ? costs would be dramatically reduced for shipping. I'm thinking why don't these companies form a consortium to fund and build their own battery plant. this would mean hi tech jobs for WA. thinking a federal government loan and they'd then have skin in the game too !!

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Good thought Timmi,
I personally think that in 5 - 10 years there will be 3 major Lithium mining companies end up producing batteries and one of those will be the new BHP. In those years they will have bought out all the smaller ones. Who those 3 are, who knows, but I do think LTR or its demerged company will be one of them, maybe CXO as well.

LTR Price at posting: 91.8¢ Sentiment: Buy Disclosure: Held
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Last 92.5¢		Change -0.005(0.54%)		Mkt cap ! $2.242B

Open	High	Low	Value	Volume
95.0¢	96.5¢	89.3¢	$31.30M	34.06M

Buyers (Bids)

No.	Vol.	Price($)
7	220304	92.0¢

Sellers (Offers)

Price($)	Vol.	No.
92.5¢	159716	3

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No.	Vol.	Price($)
6	150822	0.920
11	229358	0.915
43	925544	0.910
12	261920	0.905
28	956444	0.900

Price($)	Vol.	No.
0.925	500	1
0.930	185760	11
0.935	180632	3
0.940	246270	6
0.945	81400	5

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