LTR 1.17% 84.5¢ liontown resources limited

Ann: Trading Halt, page-13

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  1. 782 Posts.
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    The trading halt is the fruition of a successful aggressive strategy and the reason I am invested here.It would have been oh so easy to look at the negatives and take a cautious and conservative approach...the negatives...the lithium price is in the doldrums...the sentiment for lithium stocks is poor...why should we drill,it is unknown and there is a good chance it will be marginal or a failure...why use our scarce cash resources increasing the need for a CR and further dilution when the SP does not react to good results.
    So the old adage..."fortune favours the brave" and "who dares wins" reflects our courageous decision of management.

    So what I would like to see in the report but who knows what it will say...Large intersections of high average grades with some very high grades within the intersections...some big hits over a widely spaced area...open in a number of directions ...to the west where their newly acquired ground has 20 square KMS of prospective ground and we have only just got started.

    So congratulations management and keep up the strategy "drill baby drill"
 
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84.5¢
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85.0¢ 86.5¢ 83.5¢ $5.151M 6.083M

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2 23487 84.5¢
 

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Price($) Vol. No.
85.0¢ 286512 4
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
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