LTR 6.29% 67.0¢ liontown resources limited

Yes Matt...I think we realise it's only a Facebook post because...

  1. 3,694 Posts.
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    Yes Matt...I think we realise it's only a Facebook post because the company would not, under ASX rules, be able to release market sensitive information ahead of a formal announcement.

    But what is clear to me and many others is that the doomsayers have a tiger by the tail now. By doing this, the company has foreshadowed that their commissioning is not only on track but seemingly ahead of the self imposed target for production. Furthermore, they are ready NOW to announce their success to the market. That is going to delight shareholders in one way and frighten those "short" of shares totalling over 250m. I'm not a gambler, but I would just about bet that by close of market today, LTR share price will exceed yesterday's close despite whatever attempts might be made to dampen shareholder glee.

    regards
    DF
    Last edited by dynofish: 10/05/24
 
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