- Joined
- 28 March 2006
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@Boggo Can't see the Mining Queen coming back into the market at $3 or more when she will probably get what she wants for a pittance. Closing SP $1.03 with 21.830 million shares changing hands. Under a dollar it's a gift.
love to be a fly on her kitchen wall.Agree.
She got enough to block the bid at a price that she won't pay for the remainder but she still has to keep the board and Goyder etc happy so unlikely to be less than $2 ?
love to be a fly on her kitchen wall.
@rcw well sort of but he would be a bit noticeable I feel
Good evening Rabbito just small change for the Mining Queen.Good evening All. Sorry for this late reply, just read thru from where I last posted, I think it was last Thurs.
Have been busy doing lunches n catching up with mates.
I would just post my general thought on this thread.
I must have posted on any LTR heading that I sold a parcel of LTR on Monday when out of the blue, the price went up, passed $1.
No complaint, make a tidy sum but still holding a parcel.
All opinions in the last couple of pages seem logic. We don't know what is in her mind but could only made guesses.
Looks like she is no difference to you and me. Unlucky in buying LTR at the wrong timing n only to see Lithium prices having a free fall, this is what we called, globally as well as minerals. Markets Globally sufferes. It must have hurt Queen G. Lithium n Fe prices falls was unforeseen.
Once the cooling period is over, she may decided not to brother to pick herself up. For my family, it's only
..... Unlucky in buying LTR at the wrong timing n only to see Lithium prices having a free fall, this is what we called, globally as well as minerals. Markets Globally sufferes. It must have hurt Queen G. Lithium n Fe prices falls was unforeseen....
Now theres a fruedian slip if ever I saw one.Imagine if TG and GR team up, they'll annihilate the retail side.
I think it's a train wreck, you only have to look as far as other lithium producers going into the care of maintenance and reducing production. They should be looking at postponing the start-up date to conserve capital because of the spod prices. The fiance being pulled just adds another level of danger, if they go to another capital raise it will tank the SP even further.
The lady in pink?Now theres a fruedian slip if ever I saw one.
But who is the girl who is the other half of the Fiance?
mick
I'm not sure how up to date this list is, but something to consider.Maybe another way of looking at that is that she wanted it and had to pay that much for 20% of it to block the OS takeover and now she can decide how much she would like to pay for the remaining 80%.
Just a thought.
My most sincere apology to all in this Thread. All my incomplete posts were not due to illegal substances abuse...simply due to very tightness n fallen asleep while trying to type on the tablet..blame it on old age. I shld be fine by next week. Went out for another beautiful lunch and finally send them to airport this evening. I am given the task of looking after their newly bought apartment n learning how the various types of security works eg bldg security as well as their in-house security.Good morning All. My most sincere apology to all Cavers. Last night after a last couple of heavy lunches n late nights. I eventually trying to catch up with all my reading n with tiredness I still try to answers all opinions in this thread, however, I fell ASLEEPn the tablet slipped off my hand☹ on waking up, I couldn't find where the page screen I was last typing and with heavy eyes I closed the tablet only this morning, waking up, I realised what had happened thus my typing was incompley
My intuition tells me...there is a Big plan behind this awful looking facade..LTR... I hold a parcel but unsure I want to own more, greed could go either way this timeRabbito the Mining Queen will get LTR for a pittance in comparison to what she forked out last year.
Was a constant trader and partial holder until the bottom fell out. Still looking in though.Good morning
Things were abit quiet on the LTR front, up until now that is.
So then, LTR has entered into a $550m debt facility agreement to fund its Kathleen Valley lithium project through first production.
It has been revealed today (13/03/24) the debt facility, with a syndicate of international and domestic commercial banks and government credit agencies, is designed to ensure Kathleen Valley is funded through first production and ramp up to a 3 million tonne per annum base case.
"The debt facility provides financial certainty and sufficient time for Liontown to complete the previously announced review of Kathleen Valley’s 4Mtpa expansion, including opex and capital requirements," it says.
"In parallel, the company is continuing to explore options for a longer-term funding solution to provide future flexibility and optionality beyond the 3Mtpa base case. It is possible that a longer-term funding solution could be implemented prior to any drawdown of the debt facility."
Liontown says Kathleen Valley remains on schedule and budget to commence first production in the middle of 2024.
Announcement attached.
8.94% gain at the minute.
Not holding.
Have a very nice day, today.
Kind regards
rcw1
I've been watching this one.... Is there a shortage coming?Keep your eye on this stock imo . Will break down the reasons why at a later date
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