Running discussion on SP, page-56292

They were warned (whether it was done politely and not) by many from AVZ atleast, they had a chance to take profit
They were asked "How do you justify a $3.5B MC no Offtake partners no DFS etc..."
they were given an opportunity for themselves to give an answer, no one stepped up to the plate & provide one.
it would have shown themselves their investment FA was solid
7% drop is nothing in the scheme we lost 14% the other the day & regained it next day
a $3.7B MC is brilliant and is a benchmark to show sideline investors this is the value of a startup Lithium company in 2021 and onwards

most LTR investors did extremely well a 3000% increase from 2 years back
the newbies may have got sucked in by the hype on HC Im sure theyll get there in the end

The takeaway for me from their DFS today is the remarkable SC6% asking price for production

$LTR DFS highlights below, assume a weighted average US$1392/t FOB LOM spodumene price based on

@Roskill

's long-term forecast [ #Lithium ] prices.' Therefore $AVZ 's upcoming BFS (assuming US$1392/t) = Far King KABOOMIMO Elphamale