Ann: Rincon Project Update, page-109

"30c in not too far from here and that reason is market sentiment. "


This is absolutely plausible, and history has proven to us that it is. We were higher than that before, albeit temporarily, when we were waaaayy behind where we are now from a de-risking standpoint.
All this nonsense about "fair value" based on current product prices and 2ktpa is garbage because that is not the landscape of the future.
We all know there is a massive wave of demand forming, that will be ultimately triggered by EV price parity, and that this will have a significant and rapid effect on the price of quality lithium chemicals. When we get to 2ktpa, 5 and 10ktpa is merely a funding issue, not a technical one. At that point, investors will be absolutely satisfied with the technical capability of commercial-scale production, and be pricing in what the future holds. IMO don't be fooled by those claiming the company's valuation MUST be based on the current or "the very next" revenue metric. When sentiment turns, the market can absolutely factor in what is still 4/5/6 years away. We have seen this before, on this very stock (at a MUCH riskier position - remember we hadn't even produced BG product then!!) and on many others too.

We keep ticking boxes, even in this difficult current environment. That is all that really matters. Bit late hear or there, a few complications here or there, it's all part of the journey.
GL to all LT Longs!!

BTW, how much time and money did those guys at the other side of our salar spend, only to struggle to prove an economically viable process..? We are streets ahead. When sentiment shifts and big auto & battery realise they need to really scramble, things are going to get very exciting for us imo....