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rob0203

913 Posts.

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26/02/24

15:13

Post #: 72600315
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Originally posted by sentinel1221: ↑

Predictions are useless most of the time, GS got it right.
Just look at the facts.
Lithium price is down 80%, facts are lepidolite is being used in higher quantities than predicted. China is not easy to read about current stocks.
Lithium mines are going into Care and maintenance.
Underground mining will be on the high end of the cost curve.

No one cares to pay more for better ESG product - look at nickel, graphite (synthetic), cobalt and lepidolite.

I am a holder and want LTR to succeed but I feel a lot of holders here need a reality check that it will not be an easy road to success. And it could be years before we see a turnaround.

I'd rather be prepared and know all the negatives and risks in all my investments, rather than live in a bubble and looking through rose coloured glasses.
Plenty of risks coming up, but also keen to see how management deal with them all
This year and next will be their biggest test.

Here's some hypotheticals to think about what everyone will do with their shares in the following scenarios:

TG sells down a large portion of his shares
TO resigns / leaves LTR
Costs blow out in the first 6 - 12 months and SP tumbles 50%
Lithium prices keep going down
EV sales start to slow down worldwide
Chinese lepidolite supply doesn't seem to be slowing

What is everyone's strategy if these things should occur? Everyone should have answers to these depending on their own journey and research.

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LTR Price at posting: $1.16 Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

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Last 74.0¢		Change -0.030(3.90%)		Mkt cap ! $1.794B

Open	High	Low	Value	Volume
77.0¢	77.0¢	73.5¢	$12.03M	16.10M

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No.	Vol.	Price($)
6	339920	74.0¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
6	339920	0.740
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27	1257122	0.730
16	280139	0.725
21	182133	0.720

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0.745	41468	5
0.750	425182	10
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