Know LLL well having traded them recently. No longer hold now but brought some of that $ over here. So far it has worked out well.
Not about to get into a massive LLL v A11 discourse as investment bias works both ways, so if you are on them good luck ... but personally I'm seeing far more upside here.
What stands out as the 3 top reasons to hold and accumulate are
- they currently have mine life of 12.5 years with OPEX payback in 20 weeks lol. Assays/drill etc will expand our resource overtime. As mentioned 35Mt was alluded to in latest presentation - Partnered with Piedmont and on the coast, not 1000kms inland with numerous obstacles to overcome (let alone the FFX dramas) - Unsure LLLs timeline but A11 guide to mine less than 2 years.
A11 is where my focus is, but yep good luck, it most likely will happen as demand will guarantee it, however when and at what cost.
A11 Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held
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