LTR 2.55% 80.5¢ liontown resources limited

I believe galaxy mine did not have enough resources, they are...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 425 Posts.
    lightbulb Created with Sketch. 21

    I believe galaxy mine did not have enough resources, they are hungry for more, cashed up and was looking at Bald Hill as was close to them and infrastructure, I think that is why TAW pushed through the merger so Gxy could not take them out, that’s my guess anyway, it makes sense for galaxy to let an explorer to do all the work Jorc up a resource etc then look to take over, they are a miner not an explorer obviously 


    I am wildly guessing but I would not be surprised if they come knocking once we have a Jorc compliant resource, metallurgy done and even a scoping study done

    . Makes logical sense for them to be part of it

    trouble is with our market cap so low they will pick up a bargain 

 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.