Nothing has changed for LLL from its recent high at $0.67 or $0.63, only macro economic environment creating panic to retail investors. Volumes are still low, the project is still on track, on time and on budget and DSO is only 7 months away with stage 1 production 13-15 away and possibly our O&M will be far more better than anywhere else. The SVB Bank saga in US and now with Credit Swisse being temporarily resolved as both FED and Swiss government understand that they can't repeat the Lehman Brother mistake and bear a long term turmoil in financial markets.
In my opinion, all LLL holders need patient here, those who can afford should buy more as these opportunity does not knock everyday (Not a buy or sell advice). I remember exactly 3 years ago on 23 March 2020 , the meltdown of sharemarket around the world was unprecedented, but in the same year the market returned to new heights. As soon as issues creating uncertainty in macro economic environment will be addressed, the market will stabilise. LLL will provide far more better returns than it peers as we are not even valued at 1/3 of its NPV return compared to highly valued Lithium (to be) producers in ASX
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