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Why Gina Rinehart has bought a significant stake in Liontown Resources? — ASX:LTR| ASX Mining News & Discussion
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Lykeshares Official
$LTR Why Gina Rinehart has bought a significant stake in Liontown Resources?
Gina Rinehart’s Hancock Prospecting has confirmed it is the buyer of a significant stake in Liontown Resources. The company has acquired a 7.72% stake in Liontown Resources, potentially disrupting the $6.6 billion cash offer from US lithium giant Albemarle. This investment was strategic and sees opportunities to support the project4. It remains unclear whether this is through a partnership or a full takeover.

Liontown is the owner of the Kathleen Valley lithium project in West Australia4. The Project is a prospective high-quality hard-rock lithium deposit in its development phase, which, while still having a number of significant risks including resource conversion, construction execution, and metallurgical recovery, has the potential to operate at scale.

Hancock Prospecting has released a statement on its website explaining why it snapped up Liontown shares. The miner explained that its investment was strategic and sees opportunities to support the project. It remains unclear whether this is through a ...
Why Gina Rinehart has bought a significant stake in Liontown Resources?

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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?