LTR 3.76% 96.5¢ liontown resources limited

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  1. 13,940 Posts.
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    Indeed! & with what many speculate to potentially be better, high prospect Buldania RC-Drilling to commence shortly (8,000-10,000m), along with initial drilling of the newly defined target areas... Things are going to get very interesting indeed!

    "Multiple Dril-Read, Sub-Cropping Spodumene-Bearing Pegmatites"
    -"Project is also close to major road and rail infrastructure, with direct links to the Port of Esperance, critical to the mining and production of bulk commodities such as spodumene concentrates"
    Buldania.jpg

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    -Dot Joining Begins-

    Resources Rising Star Article (Link, Click Here)
    "This week, chief executive David Richards and chairman Tim Goyder are travelling to China in a bid to establish relationships with the likes of automakers Great Wall and BYD as well as lithium giant Gangfeng. It also appointed battery metals specialist Eileen Hao as its chief representative in the country."

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    Gangfeng (GFL)
    GFL is the world’s leading lithium compounds and metal manufacturer and dually listed on Chinese A share in 2010 and Hong Kong H share in 2018. GFL offers five major categories of more than 40 lithium compounds and metals products....

    What about them you might ask?

    "The Volkswagen Group and Ganfeng Lithium Co., Ltd. registered in Jiangxi (China) have signed a memorandum of understanding on long-term lithium supplies for battery cells. Under the agreement, Ganfeng will supply lithium to the Volkswagen Group and its suppliers for the next ten years. Volkswagen is thus already securing a significant share of its lithium requirement for batteries."

    Article Link: (Click Here)
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    In my opinion, I speculate that with all the Lithium they'll need to supply Volkswagon & others, I speculate they'll be solidifying their hold over WA hard rock miners... Just look at where else they've invested already... I'm liking LTR more than i ever had at this current stage, very well priced... With management/Tim having major skin in the game


    Top 20 - 25th Feb - Copy.jpg
    -This Post, Purely speculation, My opinion only, Not to be used as financial advice-
 
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