Why is Tawana the best lithium stock you can buy now?
-Pure Australian lithium producer, an economically and politically stable country to invest in.
-Bald Hill production has commenced, first shipment was completed on 3 May 2018.
-Significant Tantalum by-product production
-Lowest CapEx (of standalone lithium mines) in Australia
-Produces high grade spodumene concentrates >6% Li2O (PLS: 6%)
-State of the art spodumene DMS circuit being ramped up 1200ktpa (PLS: 800ktpa)
-A second DMS circuit under consideration, output subject to reserve upgrade
This means an even quicker payback/annual return for shareholders.
-Only ONE year of Resource drilling completed; many years of exploration ahead. (Significant exploration upside)
-Geo's found resource open in all directions.
It's all about growth, innit? Growth leads to increase in share prices. Many of the big lithium producers out there don't have much more (if any) upside to increase their resources.
Share price is 43.5c at the time of writing. Not saying you should abandon the other lithium producers, I hold PLS too. Great company led by KB. But just posting a fact here, TAW indeed has much more space to grow and upside potential.
TAW Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
