LTR (ASX) FA &amp; General Banter

Originally posted by beisha: ↑

Hi Phoenix

I am not held in high regard here because i have an opposing view on LTR, that started as early as 10c when i first bought, where i openly stated that i didnt buy because of Katleen Valley lithium , it was all about the potential of another CHN Julimar find in Moora .........I also mentioned that i would not be in the stock prior to DFS being released in Q4 2021.

So as you can imagine, didnt make the cheer squad of the most ramped thread in all of HC very happy........

Here is why i have my problems with KV, i have also written about this on THE PEER COMPARISON THREAD LITHIUM in the general section where there would be more detail.

This is the open cut section of KV mine, average grade 1.1% , can you see all those thin horizontal veins ?

It looks like a tree doesnt it ?

That is your hard rock spodumene, in between all that, thats dirt, thats alot of strip ratio, actually its 8/1 in total which doesnt get me excited one little bit,................

Now granted, LTR has an under ground component, where grades get as high as 3% but you have to dig 200 - 300m to get to it.

So that would be the results from the tree trunk so to speak

LTR up to this date, has only completed a PFS, there is a reason why they call it pre -feasibility study and thats simple , cause its a preliminary report which can vary in accuracy by up to 30% or more, so all these forecast figures etc is just a guide at very best.............plus it lacked alot of content when it came to deleterious metals.

I recently sold out of LTR at 64c , i openly stated that i was leaving to take advantage of better opportunities elsewhere , as i believed that LTR was over bought / valued for what they currently have ( bull market floats all boats ), the better opportunity was the dip in price for LTR sister coy , which you hold too, i got them @2.8c and as you know, it got to 6c where i sold 50% at 5.5c and free carried for the third time, i believe the sister coy has better prospects at Moora and i still have a large holding to reflect that.

One doesnt have to be a holder to offer an opinion on HC, i dont troll, i call a spade, a differing of opinion, LTR need to justify its lofty status of 1.5b MC and SP of 80c starting with good results at Moora, cause up to this point , the results are very modest and they havnt struck nickle or PGE yet and following that ,they need to deliver an impressive DFS in Q4 which is the REAL document to take notice of ........

LTR need to prove me wrong, until then, i will continue to post here, counter balancing the rampers and their ridiculous price predictions which i dont want to see suck in the uninitiated / newbie

Dont take a word i say or the rampers for that matter, DYOR, DYOR, DYOR

I wish you luck and all the best

IMO of course

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Hey Beisha I am totally not buying into this concept that you are a troll, I know better.

As I posted, and you know this as well, we bumped into each other 5 months ago in a different space on HC that is not mining and one I am still passionate about, I am not sure you are still a holder. IMO you conservatively state your position, your opinion, do not give financial advice. I do not get why people have a negative opinion of you, and like most other HC posters you will let others know what you think. It's all good.

I have seen you trolled, asked questions "Are you still invested Beisha have you sold" etc. It's no one's business. I get frustrated like anyone else and have seen some posters ask crazy questions Google can answer and questions already available on the HC thread they are on, I just breathe and don't respond. So I kind of get you.

You know I DMOR and am a beginner at learning about charts to help me form my own opinion, I will never share because I will never be great at it, this will take me years but my determination is strong. I am not sure if many investors even bother to look at charts at all, and run on news and market sentiment, and I agree with you about LTR being overpriced bullish ATM and IMO I think that it will rerate to around the 0.65 mark as a support base at some point, I might be wrong, not to say that the SP will go up short term. I definitely am a beginner and looking at what I think is LTR's lowest support ATM then and if I will decide to buy more. This is only my opinion affecting my investment decision and not financial advice and will be happy to be proved wrong because I have other plans.

I truly believe LTR is a great company with huge upside.

I am however doubtful about the viability of lithium in the long-term future as a viable EV energy source, we had an oversupply around 2017 with no use for it resulting in LIT mines closing, now there is a market thanks to Elon, LIT is hot and every man and his dog is reopening mines in the USA, Quebec, the South American Lithium triangle and in Aus. So LIT for me will be good for a few years.

Elon is not a dill and I have no doubt that he is already doing R&D into alternate fuel sources and battery technology. Me, personally am interested in REDOX batteries (vanadium or zinc-bromine) and that other space we have both been interested in as alternatives, including storage, transport, hubs plus so much more. I found the other day a concept that there is research into using the structure of the EV vehicle itself the chassis for example as being a catalyst and energy source reducing the weight of heavy LIT batteries, interesting journey.

My many interests lie also in tier 2 and 3 essential stocks that support a zero-carbon future, including investing in companies that make that obscure essential component to make an EV move, which is dependent on mining REE. Or the membrane that prevents oxidization between the catode and anode in an EV battery, and also essential for wind and solar panels longevity. We all have our thing and my chemical science knowledge is pretty reasonable. I need to know how things work and research a lot to understand why I am investing.

You don't need this advice which is to stay true to yourself, because I know you will. Thanks for writing.