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LTR - Liontown Resources

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LTR pulling an over due rabbit out of the hat since mid JULY, consolidating its position right know, after recent highs sitting @1.705c. Things looking positive for Lionstown...With lithium in high demand, and some solid contracts been signed...

Liontown Resources [ASX:LTR] has been causing excitement among investors lately.

Its share price rose by 7% as a result.

Liontown achieved a huge milestone in a critical lithium mine project in Western Australia.

As you know, lithium is HUGE right now.

EV manufacturers have an insatiable hunger for it that can’t be filled. It’s why lithium prices (and some mining stocks) are skyrocketing.
But despite Liontown looking like an obvious EV play, small-cap expert Callum Newman believes it’s NOT the best way to capitalise on the trend.

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Dona Ferentes said:
Liontown Resources is committing to its wholly owned Kathleen Valley lithium project with a final investment decision following securing an offtake agreement with Ford. Liontown has upgraded its estimated capital cost on Kathleen Valley from $473 million to $545 million.

First production of spodumene concentrate from the WA mine is scheduled for the second quarter of 2024.

Shares lifted 5.2 per cent to $1.12.
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Hi, are you still watching LTR? Is now a good time to buy(I’m thinking of investing)?
 
Colm Doc said:
Hi, are you still watching LTR? Is now a good time to buy(I’m thinking of investing)?
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LTR an interesting stock to invest in to, has had a mixed 12 months, coming of 52 wk highs 2.19 to 52wk lows.0.875. I have always had high prosperity for LTR and didn't understand the recent 52wk low, just when they where coming into there own, and I would of thought that with there growth rate that they would of sustained the highs. I'm no expert but was that bad management? Which raisers the question, for me Is there Earning Stability and income Coverage up to scratch?

On the other hand you would be forgiven if you invested on the rebound of the 52wk low, were you still would of had confidence. Once again LTR have come back into there own, chasing down the 52wk high, currently sitting on price 1.635 in a range sideways where you would be looking for something big from here, and only expect it to go north. On saying that after siting comments from the Motley Fool they say "Based on the current Liontown share price of $1.78, this implies potential upside of 61% for investors over the next 12 months." But who takes notice of the hype. Interesting to see where share price goes from here. Be hoping for a hold in range for the near term and be looking for a breakout north.

I'm no expert but thats how I see it, Good luck with your Investments! DYOR :cool:


:2twocents
 
Stockybailz said:
LTR an interesting stock to invest in to, has had a mixed 12 months, coming of 52 wk highs 2.19 to 52wk lows.0.875. I have always had high prosperity for LTR and didn't understand the recent 52wk low, just when they where coming into there own, and I would of thought that with there growth rate that they would of sustained the highs. I'm no expert but was that bad management? Which raisers the question, for me Is there Earning Stability and income Coverage up to scratch?

On the other hand you would be forgiven if you invested on the rebound of the 52wk low, were you still would of had confidence. Once again LTR have come back into there own, chasing down the 52wk high, currently sitting on price 1.635 in a range sideways where you would be looking for something big from here, and only expect it to go north. On saying that after siting comments from the Motley Fool they say "Based on the current Liontown share price of $1.78, this implies potential upside of 61% for investors over the next 12 months." But who takes notice of the hype. Interesting to see where share price goes from here. Be hoping for a hold in range for the near term and be looking for a breakout north.

I'm no expert but thats how I see it, Good luck with your Investments! DYOR :cool:


:2twocents
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Thanks for your insight, I got in @ $1.67. I think it’s a hold until they get into full production (2024) .
 
Colm Doc said:
Thanks for your insight, I got in @ $1.67. I think it’s a hold until they get into full production (2024) .
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I'd be hoping for a positive week should market permit. Anything too far south from here would be to much for me to bear and unexpected...

LIONTOWN RESOURCES remains under pressure after losing a fundamental star and is confirmed Slightly Negative

The independent financial analyst theScreener just removed a fundamental star(s) from LIONTOWN RESOURCES (AU), active in the Gold Mining industry. As regards its fundamental valuation, the title now shows 1 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that the loss of a star(s) keeps the title under pressure and confirms its general evaluation at Slightly Negative. As of the analysis date September 16, 2022, the closing price was AUD 1.64 and its target price was estimated at AUD 1.31.

I don't believe that, that news is anything to go by, ( old news ) That hype has got nothing doing. I to have a hold pending on this weeks action. I wish you all the best with your trade, and may future news be good news for LTR....
 
Good evening
Had a nice play with LTR today, particularly so after lunch and into close.
Will be watching closely tomorrow for a target trade, anyways, happy hunting.

Kindly conduct your own due diligence and good fortune tomorrow.

regards
rcw1
 
Okay … all jokes aside, LTR was kind to rcw1 today.
Been in and out.

Have a very nice day.

Kind regards
rcw1
 
Boggo said:
LTR travelling nicely. Is it a candidate for a takeover or will that be CXO or PLS ?? ?
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Hi Boggo
There is rumour that Rio Tinto is on the hunt for more lithium buys.

www.smh.com.au

‘Looking at opportunities everywhere’: Rio Tinto on the hunt for more lithium assets

Rio Tinto is hunting for opportunities to grow its exposure to the electric-battery material lithium and is weighing an earlier start-up of a mine in Argentina.
www.smh.com.au www.smh.com.au

Have a very nice evening.

Kind regards
rcw1
 
rcw1 said:
Hi Boggo
There is rumour that Rio Tinto is on the hunt for more lithium buys.

www.smh.com.au

‘Looking at opportunities everywhere’: Rio Tinto on the hunt for more lithium assets

Rio Tinto is hunting for opportunities to grow its exposure to the electric-battery material lithium and is weighing an earlier start-up of a mine in Argentina.
www.smh.com.au www.smh.com.au

Have a very nice evening.

Kind regards
rcw1
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Yeah, do you think it would be better value for investors if LTR for example could progress further independently? Have a look at PLS, I bought PLS shares @$0.70 about 4 years ago. Can we compare these companies?
 
Colm Doc said:
Yeah, do you think it would be better value for investors if LTR for example could progress further independently? Have a look at PLS, I bought PLS shares @$0.70 about 4 years ago. Can we compare these companies?
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Good evening Colm Doc
Not sure mate, rcw1 would need to research that one abit better butttttt...
For mine the 'saving grace' is that Timothy R B Goyder owns 15% of the LTR. Its best if he sticks around :)

The lad gave shareholders a scare near Xmas 2021 when he offloaded 2% of his equity ha ha ha ha ha. Hope Timothy don't do that this Christmas...

Have a very nice evening.

Kind regards
rcw1
 
Good afternoon
Sold yesterdays holding today 19/10/22. Nice coin nothing to write home about but an earn.
Milking that cow.

Not holding.

Kind regards
rcw1
 
Good afternoon
Tim Goyder has his say on his journey through life and his involvement in the mining industry. Tim believers might want to have a listen.



Have a safe and happy Christmas and prosperous 2023.

Kind regards
rcw1
 
Good morning
rcw1 is participating in the Unofficial Full CY 2023 Stock Tipping Competition ... LTR is one of the four chosen.

Why: in very simple terms -
rcw1 values the fact that Tim Goyder is Chairperson. Suspect that Lithium is going places in 2023. Have posted some information supporting this within the Lithium thread.

Substantial Shareholders List​

NAMESHARE HOLDINGSHARES HELD (%)
Timothy R B Goyder328,533,76615.00%

Have a very nice day, today.

Kind regards
rcw1
 
rcw1 said:
Good morning
rcw1 is participating in the Unofficial Full CY 2023 Stock Tipping Competition ... LTR is one of the four chosen.

Why: in very simple terms -
rcw1 values the fact that Tim Goyder is Chairperson. Suspect that Lithium is going places in 2023. Have posted some information supporting this within the Lithium thread.

Substantial Shareholders List​

NAMESHARE HOLDINGSHARES HELD (%)
Timothy R B Goyder328,533,76615.00%

Have a very nice day, today.

Kind regards
rcw1
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rcw1 Farmer was a holder of all of King Tim's companies but decided toscale back some months ago. Still keeping a watchful eye on all 4 though.
 
farmerge said:
rcw1 Farmer was a holder of all of King Tim's companies but decided toscale back some months ago. Still keeping a watchful eye on all 4 though.
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hey mate, yes agreed, rcw1 trades CHN and DEV too. Been awhile with DEV though.

Kind regards
rcw1
 
Good evening
Tim Goyder bought 1 million more direct interest and 145000 indirect interest ordinary LTR shares, today (20/01/23). Interesting.

Now then the market sensitive announcement :) today:
Kathleen Valley on schedule to deliver first tonnage by mid-2024.


Holding.

Have a very nice evening.

Kind regards
rcw1
 

Attachments

  • Appendix-3Y---Tim-Goyder.PDF
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  • Kathleen-Valley-Project-Update.PDF
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