LTR 0.61% 83.0¢ liontown resources limited

With this reduction in price and despite some "unknown...

  1. 3,761 Posts.
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    With this reduction in price and despite some "unknown unknowns", there are enough "knowns" arising from the D&D presentations and other readings to make me think I should be extracting more free cash from my emergency warchest to do a raid on LTR. I know that sounds like ramping, but ramping would apply to a dog stock, not to an emerging giant of the lithium world where the end game looks pretty certain to benefit those with:

    1. state of the art plant,
    2. high grade (low deleterious element) resource,
    3. tier 1 jurisdiction,
    4. long life,
    5. IRA compliant long term offtakes,
    6. expansion capacity built in with minimal capex

    I have plenty of confidence about our long term prospects even though I have a healthy respect for market sentiment. But 5here are numerous examples of shorts getting burned big time. They're not always right!

    I recall the Warren Buffett quotes. I'll give it plenty of thought before I pull the trigger.

    regards
    DF
    Last edited by dynofish: 08/08/24
 
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Last
83.0¢
Change
0.005(0.61%)
Mkt cap ! $2.000B
Open High Low Value Volume
82.5¢ 84.0¢ 81.5¢ $2.758M 3.325M

Buyers (Bids)

No. Vol. Price($)
12 161605 83.0¢
 

Sellers (Offers)

Price($) Vol. No.
83.5¢ 215449 25
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