Mining

Why is Liontown Down 20% Today? Plus Perseus Goes

Why is Liontown Down 20% Today? Plus Perseus Goes Hostile! | Daily Mining Show

#Liontown #Today #Perseus

“Money of Mine”

A big start to the week with lithium market darling Liontown (LTR) announcing a Kathleen Valley funding update, seeing the stock come off 20%.

Perseus’s (PRU) bid to buy OreCorp (ORR) in an all-cash deal caught our eye as well as Wyloo’s unfortunate decision to put its Kambalda nickel…

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19 Comments

  1. Good call on PRU just buy its own script, I don't rate this deal they are trying for.
    Or how about they break their own mould and look outside Africa into Tier1, get more value realised – SPR ? 🧐

  2. The Irony Boyz, opened my "Heroes" book by Stephen Fry this morning here over across the Ditch. First chapter Hero and chapter title….?? PERSEUS. get a copy if you lads don't believe me. In typical Fry humour he even references (small kids block your ears ) a Golden Shower in the book intro…. . Brilliant!! … anyway as a PRU Holder and buyer (ding ding) thanks for the detailed update on this awesome digger

  3. Timely episode lads the whole chess game being played out with Perseus OreCorp etc never a dull moment and an abundance of terrific content for MoM. Ps tell Q nothing wrong calling Ali a GC if if means Great Character😉

  4. Cassini was never a goer even at higher nickel prices because the orebody was full of arsenic essentially sterilising the orebody – hence BHP refusing to process the ore a few years ago. Wyloo should have done better dd.

  5. Wonder what Gina feels for the average investor who had high hopes for this company . She has absolutely robbed the avg shareholders of a real opportunity. I mean isn’t there enough other lithium opportunities in WA she could dig up

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