Australia's largest stock trading and investment forum Australia's #1 stock forum

LTR

Click for more information

1.17%

84.5¢ liontown resources limited

I actually think that Buldania especially with the extensions...

First 3 Last

Share
Profile

Follow
shaneshanes

482 Posts.

33

10/09/18

08:01

Post #: 35486573
Share

Originally posted by Zigipop ↑

The head shed were initially very excited about the Buldania tenement. While the initial program had some good results, it also came up dry in some areas. Given the aggressive ongoing exploration AND newly expanded tenement area, I believe management are still confident they're onto a winner and can add significantly to the (approxImately) 100mt of lithium that's already in the neighbourhood.
What does this mean for the company? Well we do already have a company defining resource at KV.
Will a mine sIzed deposit at Buldania be sold to neighbours who are already producing?
One thing to take to the bank; with a 21mt li resource at KV, another very promising tenement in the right part of town (Buldania), a proven vanadium plot and a healthy bank balance. LTR at a market cap of under 30 large can only be headed in one direction. The questions that remain are; when? How high? And how fast?

Expand

I actually think that Buldania especially with the extensions could actually be the one that gets mined Anna looks encouraging. waiting on scoping study for Kathleen either way got some mineable lithium by the looks of it

LTR Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

US election outcomes: Key economic and market takeaways

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

There are more pages in this discussion • 9 more messages in this thread...

First 3 Last

Add LTR (ASX) to my watchlist

(20min delay)
Last 84.5¢		Change -0.010(1.17%)		Mkt cap ! $1.612B

Open	High	Low	Value	Volume
85.0¢	86.5¢	83.5¢	$5.151M	6.083M

Buyers (Bids)

No.	Vol.	Price($)
2	23487	84.5¢

Sellers (Offers)

Price($)	Vol.	No.
85.0¢	286512	4

View Market Depth

No.	Vol.	Price($)
10	1641167	0.019
3	712500	0.018
3	794117	0.017
1	200000	0.015
1	60000	0.014

Price($)	Vol.	No.
0.020	1985261	1
0.021	1256198	4
0.022	1128862	5
0.023	1750000	3
0.024	480229	3

Last trade - 16.10pm 18/11/2024 (20 minute delay)

LTR (ASX) Chart