Liontown CEO Tony Ottaviano outlines his lithium mining plans

Liontown announced the purchase of Kathleen Valley from gold miner Ramelius Resources on August 4 seven years ago. In return, Liontown handed over 25 million of its shares, then worth 1.8¢, and a royalty stream that Ramelius later sold back to Liontown for $30 million. That deal was done before Ottaviano arrived on the scene, but he's one of the band of Tim Goyder associates who have made millions out of the stock. Liontown chairman Goyder, with his 15 per cent, and the group that includes Ottaviano are estimated to hold a combined 30 per cent to 40 per cent….