ASX Today, page-35231

Not for one second believe the share price in any way reflects the value of this incredibly rare Tier 1 asset.

Not convinced?

The former PLS ceo and now Patriot Chairman Ken Brinsdon recently stated, Lithium in quantities like Greenbushes, Pilgangoora etc with good grades and with access to infrastructure like roads, power, water, ports… are incredibly RARE.

There’s a solid reason Albermarle made their offers for Liontown, it’s crystal clear for them. Where else can you find an asset like Liontown who is not associated with China, mining next year, quality offtakes in place, ESG credentials, access to infrastructure and in an excellent jurisdiction like WA.

Plenty of downstream facilities being built, they’re relatively easy and quick compared to mines. Ken acknowledged it can take years to get just the mining approval. No spod, no refinery, no business.

We should not underestimate the significance of Liontown becoming a MINER in around 6 months or so.