LTR 2.63% $1.17 liontown resources limited

FA & General Banter, page-11231

  1. 9,014 Posts.
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    The discussion I provided is specific to LTR, not other stocks so stick to LTR which was the basis of my post. If you are going on MC, then is PLS a Tier 1 deposit given its MC is significantly higher than LTR btw? Based on discussions herein by many posters they claim a lot of the other Australian plays are no good btw so MC itself is only at a point in time and as an explorer it can go up or down btw.

    I refer to Tier One in production, not exploration, because nothing can be a Tier One deposit IMO without it been mined is my point. It is only in mining, through economics you find out whether a deposit is a Tier 1 deposit or simply just a good or great deposit that makes you profit.

    Tier 1 deposit here at this stage is really based on resource, not extraction nor profitability. It is therefore a misconception is my point until scalability and economics and getting to market are proven. Tier 1 is also curtailing new entrants in the market, or controling their scale when they enter the market, by using your grade and cost advantage to maintain or increase market share at their expense as well. It is why BHPB and Rio iron ore deposits are considered Tier 1 deposits btw

    All IMO
 
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