@Kikker1959 has posted a pretty decent summation of exactly where and why LTR and other Aussie lithium producers are positioned at the moment, and what it will take for things to rapidly improve. But, although each of us LT holders have different circumstances and reasons for possibly selling at a profit when the time is right, I'm now personally thinking that 'jumping ship' at $5 may no longer be the wisest future strategy. Perhaps at an SP of $10 I might be persuaded to eventually downsize my holding a little, but the growing likelihood of very good tax-free future distributions is becoming more and more attractive, especially when considered in relation to the currently very manipulated and low SP.
Just imagine what the LTR SP might potentially be if TG and the board began announcing divvies of say 40c to $1 when demand warrants it and the battery finally industry gets the recognition it deserves within the next 1-3 years? Maybe by then even wild horses might not be able to part many of us from our LTR shares for very practical reasons? Hope I haven't now put the mocca on our SP with these optimistic personal SP goals, but just like BESS surpassing EV demand, the LTR dividend potential is now surpassing my desire to sell or downsize for some time.
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