They’re likely talking about Ltr reverting to the original DFS...

They’re likely talking about Ltr reverting to the original DFS initial capacity of 3mt instead of 4mt - which means 500k sc6 initial nameplate.

But depending on whether an offtaker is prepared to fund the higher capacity, the 4mt could be reinstated soonish.

Ltr disciplined enough to avoid non-ira-compliant customers. But who knows someone might table an offer that’s hard to resist-decent 50k pa tonnage free and available
It would be logical to lock in supply via prepayment given the production is just weeks away. Reminds us in 2021 there were 50+ parties with EOI’s for offtakes. With supply tightening, some of them are probably dialling back to test the waters.

The immediate focus now though is tightening the bolts and begin the commissioning and production. Guess who have waited 5 years for this amazing milestone to come to fruition?


In the meantime, the shorters with 221 m shares +++ are shorting Ltr as if there’s no tomorrow





Whilst that happens I’m pretty sure the numbers guy is monitoring the share register closely at the moment