LTR 1.17% 84.5¢ liontown resources limited

Ann: Scoping Study confirms potential for a new WA lithium mine, page-7

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  1. 11,447 Posts.
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    Interesting enough, they have scheduled a timeline until 2020 to complete the remaining studies, which makes me think they have allowed enough time for spod prices to improve in 2H 2019 (or not). In the meantime, continue drilling to obtain a potentially 40Mt resource and see what demand interest they receive from here until then.

    Also gives them time to look more closely at Buldina to see what they dig up there. That may become the new flagship project by the time we reach 2020.

    Haplo
 
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