LTR 1.58% 96.5¢ liontown resources limited

Kathleen Valley Project Discussion, page-62

  1. 5,418 Posts.
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    As i'm not a holder of LTR, doing my due diligence now.

    At this time LTR's market cap. is 184 million dollars.
    But that can crash if the share price crashes.
    Shares outstanding are 1.14 billion odd, and that is only gong to increase as LTR heads towards production.
    Plus capital raisings along the way.

    LTR are now in the explorer stage of their working life.
    Other lithium explorer's had high share prices while in exploration.

    One example is AJM, roared up the ASX, reached a high of forty-eight cents.
    Now at ten point two-five cents and they are producing, all they produce is spoken for.

    So why won't LTR do the same ?
    And if you are into technical analyst, LTR have two gaps that need filling.
    One is at four cents and the other is at five cents.

    I definitely believe this will be a good trading stock.
    Jump on, ride it up then on the turn, jump off.

    Still a bit more due diligence to do.





 
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