LTR 1.79% $1.43 liontown resources limited

Following iron ore cycle, Big recovery ahead, page-42

  1. 976 Posts.
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    All good mate, I'm posting these for other holders which seem to be on here and have no idea about risk or negative scenarios.

    I have faith but I also want to preserve capital and minimise losses in my investments so I don't get married to a stock, company and management. I feel a lot of posters here would ride this company to zero because they would still tell themselves that they are 'right'.
    I like being a contrarian because it forces me to look at all possible downsides and risks and evaluate whether they are worth the RvR.

    Currently LTR is worth the RvR for me, but if the whole lithium and EV market takes a dive, and the whole thesis completely reverses, I'm jumping ship, I'm not sinking with it.

    So I'm watching closely, that's all. Highly unlikely scenarios I'm hypothesising. I think lithium will be sought after for decades until something else can be as good and manufacturers tool up for it in the mass scale required.

    So bring it on, let's see us produce and be profitable and keep going for many years.
 
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