easily mate some reasons why are:
1) haven’t sold all our lithium over yet and price is going ballistic atm. what will offtake price be on remaining lithium reserves
2) the southern basin is the start, rumour is the northern basin is even larger (southern was first purely on a logistic and lithium grade basis for starting the project)
3) the clay acid leach waste Ioneer have will be stockpiled pending viability for future extraction (Thacker pass clay - can they do it? If so added value for ioneer)
4) in USA with a full resource to product to recycle - full cycle lithium process - much needed!
5) once we have capital our low opex will chur serious cashflow (inr is low opex and high capex)
It was said on this forum back in about 2017. Put this in ur draw and revisit in a few years when it’s a few $
The lithium industry is only going to grow in the next few years hopefully with ioneer
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