LTR a potential takeover target, page-3

That's right rvajna...it is not realistic to imagine the likes of Rio or BHP being interested in a small company with a couple of moderate sized resources. If or when they want to be in the lithium industry they will take over one of the world's largest operators that already possesses globally significant scale and longlife and scalable operations.

Here at LTR we can be comfortable that we have excellent management and good resources that are increasing in size. We are more likely to be a target for an existing player (or a new entrant eg, IGO) but management is continuing to proceed along the path to production and increasing the value of the business in doing so. With the right partner in downstream processing I would be happy to stay while major long term value is created for shareholders.

regards
DF