As a LTH of LTR I was wondering if anyone else like me is also holding this stock. LTR has the 4th largest deposit in the world with its Kathleen Valley Project. They have just raised capital to start with their production work. They have also just signed their first offtake agreement with LG Energy Solutions.
LTR General Discussion
- Thread starter Philhot
- Start date
True. Looking forward to hearing about the next offtake agreement which cannot be far off. Good times ahead been holding for a while and cannot wait to see if we are a takeover target or if we will go to production. I thing takeover.
kalinda
Member
Production is Managements wishes so we cant really make any surety on which way it will go ? The remaining offtakes have my curiosity. I thought we were in for a good day when I saw the market indices looking healthier early morning and the ASX 200 took off lovely in the last two hours today with some nice auction buys and late trades. I am looking foreword to mid march when the US interest rates are finally on the table and the market regains overall confidence again, we've been flogged pretty hard recently...
Well they have raised capital at $1.65 so we should reach this latest next week and after that you will see the announcements flow which will carry us to the $2 range for sure.
Taproot
Regular
The Agreement is for the supply of up to 150,000 dry metric tonnes (“DMT”) per annum of spodumene concentrate to be produced at Liontown’s Kathleen Valley Lithium Project in Western Australia ("Kathleen Valley") and is expected to commence in 2024, representing approximately one-third of the Project’s start-up SC6.0 production capacity of ~500ktpa.
kalinda
Member
The skeptic in me always likes to see Broker Data side by side with valuations to know whether they are in the market holding the stocks they are valuing and their position , Buying, Holding or Selling. I have been caught very badly before trusting Broker Valuations...
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