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I’m happy enough with the risk profile of LTR. Probably a better...

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WangChung

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09/12/21

12:08

Post #: 58185905
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Originally posted by Nickoftime ↑

I'm a little more risk-averse. Lithium is going to be huge but a lot can go wrong in production lead-up. I hold PLS and AKE (GXY/ORE with a stupid name change) because they got their production challenges sorted. If you pick a Lithium stock that's not in Production cheap and they make it through all the hurdles, then power to you in your multi-bag win. But LTR looks to be priced in on the assumption that production is in the bag - to me that sounds like more down-side potential than upside.

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I’m happy enough with the risk profile of LTR.

Probably a better quality resource than PLS, but, as it’s still in the development phase, half the market cap.

Think the market cap gap will decrease over time, as more milestones to production get ticked off.

And LTR is still trading at a discount to what the instos recently paid.
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