LTR 0.60% 82.5¢ liontown resources limited

thats right.. if you have been long enough in the market you...

  1. 769 Posts.
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    thats right.. if you have been long enough in the market you will understand.. the share price is not falling for no reason...
    at least PLS has a pile of cash in the bank plus well $1B credit facility - it is struggle to hold $3 - i think there is a high chance to pick up some PLS at 2.50 - 2.60.

    Most but not all miners when they move from explorer/developer to producer their share price tends to fall.. margin is everything being the producer hence the price of commodities dictate the price of the share. LTR is no different than any other miner, it is a price taker...

    It takes a lot of loses to be able to accept and understand this very simple correlation
 
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