@Goldilocksyou are correct that LTR management is very...

@Goldilocks
you are correct that LTR management is very professional and doing the best for shareholders.

I told Post #:67033211 30/04/2023; "We have an asking price indeed..! It is obvious to me that if Albemarle made 3 offers then it's highly probable that our management gave them an asking price. I don't know what it is but I believe it should be north of $5"

Hence the BIG GAP..!




I said
"WE DON'T HAVE TO SELL IF WE WON'T BE SATISFIED BY THE OFFER PRICE
We are expecting $7 share price next year after we start production".

ALB, WES or SQM, whoever wants to takeover LTR has to pay the price we are asking..! Otherwise they should leave us alone as we are going for production.

ALB's Q1-2023 earnings confirms our calculations for LTR's future earnings that; LTR can easily be over $10 in 2025.

All of our calculations we have done (ref.my post today Post #:67606253 for calculations) looks correct when we ALB's Q1-2023 earnings.

We can see from Albemarle's "Q1-2023 Earnings Presentation" that ALB is making and will continue to make HUGE PROFITS IN LITHIUM BUSINESS..!

Q1-2023
Net sales is US$ 2.580b (AU$3.850b)
Earnings EBITDA is US$ 1.596b (AU$ 2.382b)
Profit margin: 62%

(EBITDA; earnings before interest, taxes, depreciation and amortization)




When we looks at its forecasted FY 2023 net sales and earnings;

FY 2023
Net Sales is US$11b (AU$ 16.5b)
Earnings EBITDA is US$ 4b (AU$ 6b)
Profit margin: 35%



We can see from those results that ALB was trying to by LTR by paying 10% less than its ONE YEAR PROFIT..! (And that is the downsized profit)

NO WAY..!

Do you guys remember my tweet I was explaining LTR with an iceberg example..!



Look at this now below

I saw this news on PerthNow's Instagram yesterday

A piece of that iceberg was saluting low ball takeover offer owners .