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Liontown Resources Moves Forward with Direct Shipment Opportunity — ASX:LTR| ASX Mining News & Discussion
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Lykeshares Official
$LTR Liontown Resources Moves Forward with Direct Shipment Opportunity
Liontown Resources Limited (ASX:LTR) has announced that its board has approved moving forward with the delivery of Direct Shipping Ore (DSO) product at the Kathleen Valley Lithium Project. The DSO project has been sanctioned into execution, with equipment secured and 70,000 tonnes of DSO material already stockpiled to the end of July.

The material was liberated through mine plan optimisation, which was not previously expected to be processed. Liontown will now target early revenue with the initial sale of 250,000 to 300,000 tonnes of >1% grade DSO prior to first concentrate production, with the first shipment targeted by the end of the calendar year 2023.

The initial DSO material sale is expected to help secure fast revenue for the company, and the economics of the project are compelling, with a substantial portion of mining costs already sunk as development capital.

Liontown Resources has executed a contract with Axis Mineral Services for the crushing, ...
Liontown Resources Moves Forward with Direct Shipment Opportunity

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?