LTR 2.55% 80.5¢ liontown resources limited

Ann: Landmark $7.9m capital raising to fund WA lithium projects, page-8

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  1. 63 Posts.
    lightbulb Created with Sketch. 9
    Gotta love this stock.

    10th January: New director, Steven Chadwick, a highly experienced mining professional and metallurgist gets appointed - Good news. No change in SP. 
    29th January: Scoping Study confirms potential for a new WA lithium mine - Great news. No change in SP.
    4th February: High-grade lithium in met drilling at Kathleen Valley - Excellent news. No change in SP.
    12th February: Further high-grade assays from Kathleen Valley - Fantastic news. No change in SP.
    14th February: Landmark $7.9m capital raising to fund WA lithium projects - Average news. SP down 12%.

    Oh well. Everything about the management team for this stock is a win for me, just need to grin and bear it until they start drilling. At least the resource isn't in the bloody Congo.
 
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