Total nonsense.
The PEA was from 2023 and was based on a weighted average spodumene concentrate price of US$1,699t/CIF SC5.5 and US$927t/CIF SC3.
The DFS will be made at a time when Lithium prices are way lower.
I doubt they'll even use Lithium prices which are 50% of those used in the PEA.
So the NPV will be substantially lower than in the PEA.
LRS General Discussion, page-18691
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