Following on from @DaisyA 's post about who you can and can't trust, I too am very suspect about who or what to believe. The reality is that articles can be written from either a positive or a negative perspective depending on how you want to influence the reader. As an example, I asked ChatGPT to
"Write a paragraph about why Liontowns Kathleen Valley will be a super successful mining operation"
I got the following response
Liontown Resources' Kathleen Valley project is poised for exceptional success due to a combination of strategic factors. Located in Western Australia, this lithium-rich deposit is situated in a region known for its robust mining infrastructure and favorable regulatory environment, facilitating efficient and cost-effective operations. The project boasts high-grade lithium reserves, ensuring a long-term and economically viable extraction process. Additionally, the global demand for lithium is surging, driven by the rapid growth of electric vehicles and renewable energy storage solutions. Liontown Resources' commitment to sustainable and innovative mining practices further enhances its appeal, positioning Kathleen Valley as a leading player in the burgeoning lithium market.
I then changed the question looking for a negative response.
"Write a paragraph about why Liontowns Kathleen Valley will be a failed mining operation."
Below is what it spewed out.
Liontown Resources' Kathleen Valley project could face significant challenges that might impede its success. The primary concern is the volatility of the global lithium market, which could lead to fluctuating prices and reduced profitability. Environmental and regulatory hurdles might also pose substantial risks, as increasing scrutiny and stricter regulations could lead to delays and higher operational costs. Additionally, the project's remote location in Western Australia presents logistical challenges, including the need for substantial investment in infrastructure and potential difficulties in attracting and retaining a skilled workforce. Moreover, competition from other lithium producers could impact market share and profitability. These factors collectively suggest that despite its potential, Kathleen Valley faces considerable obstacles that could jeopardize its success.
The takeaway from this is that people should stick to the facts and not be swayed by the downrampers who are emotive, avaricious people whose sole intent is to take profits away from the people they deliberately mislead with false dialogue.
In my opinion, the facts about LTR are irrefutable, it is a winner already and it will be even more so in the not-too-distant future. However, the negative outlook of some large funds/corporations is driven by their unscrupulous decisions and unethical moves that allow them to make more money but without care for those they hurt or to feel any social responsibility. They do not base their articles, analyses, or reports on facts they base them on what is the best way for them to make more profit.
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Last
61.0¢ |
Change
-0.005(0.81%) |
Mkt cap ! $1.480B |
Open | High | Low | Value | Volume |
61.0¢ | 62.0¢ | 60.5¢ | $4.661M | 7.625M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 33463 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.5¢ | 520955 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 33463 | 0.610 |
25 | 849059 | 0.605 |
25 | 802306 | 0.600 |
11 | 39634 | 0.595 |
15 | 201217 | 0.590 |
Price($) | Vol. | No. |
---|---|---|
0.615 | 520955 | 12 |
0.620 | 604860 | 16 |
0.625 | 516254 | 14 |
0.630 | 104374 | 5 |
0.635 | 108047 | 8 |
Last trade - 16.10pm 25/02/2025 (20 minute delay) ? |
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