LTR 2.34% 98.3¢ liontown resources limited

LTR SP Prediction contest, page-663

  1. 10,632 Posts.
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    Holders can only judge and price LTR shares on micro events. Management and BOD has ticket all the boxes, communicated effectively with the market, completed the mine on time and budget ( Capex was increased for future expansion, spare parts and best of breed equipment)

    What holders can not do is predict macro events, like the severe manipulated drop of spod prices, late last year. If spod prices were anywhere between the $2-3k now the SP forecasts that many had would be very close to reality, IMO.

    For me these SP predictions still hold, the only variable that has moved, is time.

    The upside is that many new comers or the ones with questionable resources in the wrong locations will not come to fruition this decade, this in turn will turbo charge the LIT prices in coming years, propelling the LTR share price. IMO
 
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98.0¢ $1.01 97.5¢ $7.991M 8.072M

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