fe vs li, page-12

Kacy makes a point that many investors I chat to (including my broker) aren't aware of. But I can add a few more.

1. ADY possesses over 20% of the world's known lithium resource. There are only a handful of companies producing this stuff on the planet. ADY is at the forefront.

2. ADY has applied for patents on it's lithium production/extraction techniques.

3. ADY is less than one year away from going into production on Lithium, and already has pilot plants established, and infrastucture in place on the ground.

And my favourite........ that bloody potash (MOP) that is supposed to be a by product, is forecast to rise to USD$1500 p/t next year, and this could result in potash challenging lithium in terms of revenue for ADY.

So, forgetting the iron ore contribution, trading at under 5 times, the current SP doesn't even reflect a rational valuation of the RLL business in terms of a forward P/E.

And one final note, the forum needs bears aswell as bulls. Maybe not centro though.

As always DYOR, IMO, FWIW, BBQ, ABC, etc. etc. etc. blah blah blah