General discussion, page-1796

Yep, waiting on Morilla finance held up this demerger a good ten months IMO.
Imagine LLL being to market before the other major li projects in a similar phase....
It's cost us LT investors dearly, not only in dilution but in lost revenue first year of LLL as I think the price of li will come right back just as it did when PLS and AJM joined the industry - just at a diffferent scale with overall demand and production being multiples of that episode.

Never the less we'll be making big profits at $800-$900 and being linked to the hydroxide price so it's water under the bridge now. Morilla would want to deliver as advertised is all we can say now. Having a gold mine as inflation kicks in (7% US figure released this week) isn't a bad spot to be and FFX will be well placed to buy another come 2025. ( I only hope it could be PDI - offer them half FFX post demerger in a scrip deal, we can pay for their exploration, mine and plant from profits - no debt, no hedging, they can enjoy being profitable earlier and retaining their project, Morilla and equiv 10% of LLL).

Anyway that fantasy aside collectively these two businesses FFX and LLL WILL be multiples of the current MC, so we wait...almost last to the ball, but best dressed.