LTR 8.28% 78.5¢ liontown resources limited

yes @gememde these articles are revealing the actual reality...

  1. 1,374 Posts.
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    yes @gememde these articles are revealing the actual reality around lithium at the moment, rather than the current downrampers' drivel, which is that EV uptake in China is still surging out of control and the price of lithium has been pushed so far down that the Chinese lepodilite producers cannot survive at these prices. So the Chinese are now saying the price has to increase ( but not out of control of course which they fear) otherwise supply will dry up. Watch the press narrative change as the Chinese and the hedge funds try to slowly increase the price to a manageable level but try not to let it get out of their control. As usual long termers are the winners if we stay strong. The LTR Board know this. All they are concerned about is making sure the mine progress continues and of course what card Gina will play next. I think a bid at $3 plus. The SP of LTR and the current price of lithium (whatever in fact that is because I believe little of what the press says on this subject) is all irrelevant.
 
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