Correct, what do you think will happen when sentiment changes? Or do you think Li price won't go back up? Your response seems to be more of a trader rather than an investor. Each to their own, but I don't really care what happens in the next few months.
LTR is worth 5.65B, mind you that is at the rejected price from ALB and ours is $1.51B. Our resource will most likely be the same size if not bigger and will a significantly higher Li%. Yes they will be ready to produce, far sooner than us. However, company's looking to buy out company's, like ALB, don't want you to make it to prod, they want the resource you have.
Plus like you said Li sentiment is crap right now so if we are fetching this price now, imagine our evaluation when the Li price doubles in the future. Plus China needs to restock next month. Wouldn't be surprised if we see a bottom of Li prices.
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