LTR 5.70% 83.5¢ liontown resources limited

confirmation of manipulation, page-181

  1. 13,940 Posts.
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    I sold quite sometime ago, I'm back now as I did believe it would retrace... You'll find smart money will start wiping again soon.

    You can see the volume now is pretty weak. Selling looks exhausted IMO.

    You'd have to be silly to think this is going back to the 5s. BUT it is the Sharemarket anything can happen!

    Tier 1 Deposit in Australia not Africa.
    -Close infrastructure
    -Highways, Ports
    -Cashed up to the grills
    -Resource upgrade also coming

    The only reason they haven't secured a JV is I believe they want to sell KV and self fund Buldania or potentially sell that too after spending more time drilling.

    You guys do realise not long ago a lot of Asian Lithium guys were over here visiting KV.

    If that's the case Buldania is free carried and we will get a payout of somesort.

    They could've done a deal by now easily, Dave Richards said there was quite alot of interest and that was months ago.

    -Why get partners when you wanna potentially sell
    -Why get partners when it truly isn't needed yet

    They're well funded, management have backed this quite substantially IMO compared to other juniors.


    -My opinion only, PURELY speculation, NOT financial advice-
    Last edited by Steve98: 20/11/19
 
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