LTR

5.08%

93.5¢ liontown resources limited

Gina's offer, page-5

First 5 Last

Share
Profile

Follow
Rorschach88

3,101 Posts.

465

16/02/24

07:22

Post #: 72434947
Share

Originally posted by xanax: ↑

What we Know & Educated Guesses;
Gina wants LTR, currently owns around 18%ish.
Has not asked for a board seat, (meaning that she is likely to bid for complete control)
Can't bid if she has a Board Seat..
Previously the Board were happy with $3.00
BUT, that was 6 months ago.
THIS is NOW, 6 months closer to production: Financed.
Project greatly de-risked.
BOARD, most likely have rejected her $3.00
Most likely using other Li valuations and asked for $4.50/$5.00.
So no chance of a SoA.
Therefore, GR will need to go HOSTILE.
Haven't seen one of those in a while!
FEB 11: the day GR could launch a further bid at a lower price.
It was never going to happen on the 12, SP opened lower with a short attack.
Board off to the USA to find friends, finance or just an old fashioned Jolly?
What Next?
GR most likely buying to 19.99%
Then a low bid, most likely in the $1.80/$2.00 range,
Which will mop-up the day traders, and those late-to-the-party,
With the aim of getting to 50.01% or close, then using the 3% creep provisions every 6 months.
Be in no doubt that LTR is being stalked.
The KNOWN UNKNOWNS.
The inside strategy of HP & GR.
This is where the Merchant Bankers & Accountants earn their fees.
When a prospecting & mining company starts production the accounting rules change.
No longer can you capitalise costs, now need to be expensed.
With the current depressed Li price, the plant could be written back to say a token $500m. (or even less)
creating a $3Bish tax deduction...
Now who do you know that might like a tax deduction of that size??? Hmm.
With the Aussie battler tax payer, picking up the the cost of a free mine with a 25 year-ish mine life.
Sit back & watch the Blood & Feather Fly.
This TO is going to be the ultimate Blood Sport.

Love the smell of Napalm in the morning.

Cheers

XanaX

Expand

Read this!
Study this!
Print it out and hang it on the wall!
Retail need to stay the course and hold tight.
GLTAH

LTR Price at posting: $1.05 Sentiment: Buy Disclosure: Held
19 Upvote

0 Great analysis

Reply

Top Stories

BRX

Belararox delineates another porphyry in Argentina at Tambo South

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

EMD

Emyria's Empax Centre chosen for mental health clinical trial

FHE

Frontier Energy achieves key milestone for Waroona energy project

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

STX

Strike Energy secures $153 million for Perth Basin gas projects

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

First 5 Last

Add LTR (ASX) to my watchlist

(20min delay)
Last 93.5¢		Change -0.050(5.08%)		Mkt cap ! $2.266B

Open	High	Low	Value	Volume
97.5¢	97.5¢	93.5¢	$49.48M	52.51M

Buyers (Bids)

No.	Vol.	Price($)
37	2797617	93.0¢

Sellers (Offers)

Price($)	Vol.	No.
94.0¢	341986	5

View Market Depth

No.	Vol.	Price($)
21	276692	0.930
6	127486	0.925
18	187353	0.920
7	84953	0.915
16	269412	0.910

Price($)	Vol.	No.
0.940	26000	2
0.945	25601	2
0.950	11000	2
0.955	50000	1
0.970	77000	2

Last trade - 16.10pm 21/06/2024 (20 minute delay)

LTR (ASX) Chart

Gina's offer, page-5

Belararox delineates another porphyry in Argentina at Tambo South

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Emyria's Empax Centre chosen for mental health clinical trial

Frontier Energy achieves key milestone for Waroona energy project

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Strike Energy secures $153 million for Perth Basin gas projects

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Gina's offer, page-5

Top Stories

Belararox delineates another porphyry in Argentina at Tambo South

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Emyria's Empax Centre chosen for mental health clinical trial

Frontier Energy achieves key milestone for Waroona energy project

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Strike Energy secures $153 million for Perth Basin gas projects

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News