General Discussion Topics, page-64277

Ha ha . Lets hope now eh ?

Yeah , but it should be very interesting regardless. And not much room for anything to be interpreted on the ' Disappointing ' side of things....let alone any mistakes......

Reading through very quickly LTR's quarterlies , and since they are only valued around $100 - $150 million more than Sigma Lithium......

And as you can see by LTR's cashflow statement , they started with a Cash balance post raise $463 million in December 2021 with $170,989,000 recorded cash and another $290 million on deposit to having have $453 million in cash & cash equivalents ( with $435 million of it being held on deposit ) as at 30th June 2022.

So in effect they only had a decrease in CASH 7 cash equivalents of around $10 million over the entire 6 months.

Add to that the fact they also secured a ' Binding ' A$300 million debt facility with a subsidiary of Ford , and they have a whopping $753 million in funds available for their continued development.

The question is : - Will we see a similar ' Debt ' deal from an Auto maker which is constructed and designed to push and fast track Sayona's development toward the higher value of Lithium chemicals production.

Irrespective of this , LTR's SP their SP is still well below it 2021 last raising price of $1.65 per share despite all it's obvious strong working capital position. So this compares to Sayona's who's raise price was obviously more ' measured ' and tapered down in line with general market conditions at the time and so has been able to bounce back above the issue price. No room though for obvious ' Fails ' the reporting of activities and / or cash usage etc...etc....