LTR 8.70% 10.0¢ liontown resources limited

FA & General Banter

  1. 3,609 Posts.
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    Some suggested we should have a fundamental and general thread.

    Reposting my earlier post over at the TA thread which probably didnt belong there.

    Just want to discuss where Agy is at now.

    LTR's list of uniqueness:

    • 2 x separateLithium deposits bothHigh grade, high tonnage(Kathleen Valley/Mt Mann & Buldania)
    • Continuous news flowfor the next 3 to 4 months - and all of them with potential company defining announcements.
    • Kathleen Valley wrap up drilling in the next 1 to 2 weeks - with alot of assays from the drills pending.Assays from the thickest zones (30m to 50m intersections?)part of the Mt Mann veins soon to be release imo.
    • After the Kathleen Valley wrap up drilling in 1 or 2 weeks from now -substantialKathleen Valley Resource Upgrade to be announced in June. Will the JORC resource come in at1.4%-1.5% @ 50mt? 60mt?OR greater than 60mt??
    • The company'sflagship deposit at Buldania to re-commence drilling in May- with strike length of 1.3km! Previous drills at Buldania shows it to be higher grade (1.7% to 2%) and greater thickness veins than Kathleen Valley deposit!Please see the very experienced Anatol's post as he postulates a possible 80mt size deposit for Buldania!
    • Buldania drilling from mid-May will have 12 weeks of continuous drilling resultswith Maiden Resource to be announced around September! Just go through Buldania's initial drill results as announced by LTR and posted by Anatol to see the spectacular grades/thickness and strike length.
    • Lastly and the most important factor withLTR is basically we are in the right time and right place- smack bang in the middle of a significant Merger & Acquisition period of WA's hard rock Lithium sector driven by an urgency from the big players wanting tosecure world class Tier 1 Lithium deposits NOW in order to be in a supply position in 2022or later when demand is expected to ramp up - ala Wesfarmer's huge $800 million offer for a 50% stake in Kidman - for a Tier 1 90mt deposit.
    • Aspiring Lithium players need to secure and lock away top quality Lithium deposits NOW and over the next 6 to 12 months - any later will be too late for the aspirant.
    • How many other local and foreign players are circling Kidman and all other world class Lithium deposits in WA?If Wesfarmer being a non traditional player in the Lithium sector is making this huge bid for Kidman - how about other Lithium operators and other players from outside the industry - local and foreign.
    • At current $100mil market cap and without the appropriate re-rate,LTR risk being low balled with an offer in the midst of this particularly strong M&A event over the next 6 to 12 months.With the Goyder controlling at 22% stake you would be sure LTR will head to an appropriate market cap so its appropriately valued for what's shaping up to be world class Tier 1 deposits in Kathleen Valley & Buldania
    • LTR's 2 x lithuim deposits remains one of the last and in all likelyhood the best in WA in terms of quality and tonnage to be uncommitted to any off-take or JV partners. Most of other developing explorers either have already tied up with an offtake partner or gone into JV with other entities making any take-over or buyout almost impossible. Also - imo none of the other WA explorers have a better grade and tonnage lithium deposits out there than what we have at Kathleen Valley and the soon to be drilled Buldania. Drill results will speak for themselves and by then true intrinsic value will have already been realised by the market.
    • Tim Goyder and family has invested over $4mil in LTR's lithium projects to date!
    Last edited by kevin103: 12/05/19
 
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