LTR 3.63% $1.00 liontown resources limited

LTR: Short squeeze coming for shorters - 2nd highest likelihood in all ASX, page-168

  1. 4,309 Posts.
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    Buying opportunity. 3mtpa and producing 6%, not 5.4% like PLS. They will get the money with ease and delay getting it until things are getting heated and the market knows money will be coming in from production. End of 2023 is good timing, especially with DSO prospects.. Smart money timing. I think management probably knew this was coming for a while, which is why some punters are unhappy, but it is what it is and the deposit speaks for itself. 2$ again by end of year, possibly even before tax time, then 3-5$ depending on spod prices by mid 2025. A LOT of major support not far below, could try trap a few around those levels if wider market falls. IMO. DYOR.https://hotcopper.com.au/data/attachments/4988/4988723-6bdbacf272271dfd1ec3c3ca078ca3ac.jpg
 
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