2022 price target

Hi Folks, what do you think a reasonable price target would be for LKE by end of 2022 ? In my view, I would think that LKE should be quoting at A$ 3-4 by the end of 2022. That itself would be a 10X gain from todays prices. Of course, a lot can go wrong from now until 2022 however the projected exponential lift in Li demand coming around the corner like a Tsunami will be able to lift all boats, regardless of how efficient (or not) they are. Just my opinion and not financial advise, DYOR.

Looking back on recent history of Companies in the EV space, Novonix (NVX) was quoting at A$ 0.29 same time last year, it is A$ 2.2 today (that's a near 10X right there). Talga (TLG) was quoting at A$0.60 just 4-5 months ago, it is A$1.45 today. Piedmont Lithium was A$0.30 3-4 months ago, it is close to A$1 today. So it is not totally unreasonable to see LKE move to $ 2-3 from here, assuming that all goes well with the DFS and LKE are able to sign a couple of solid take off agreements. I am definitely in for the long haul, the LKE story is solid, it’s got the green credentials, it has the product and the purity, it has the mining rights and the market awaiting it is just gargantuan - all it has to do is to execute well.

Happy to hear what other long term holders have to say.