These companies are a good guide of where we may end up in 2023...

These companies are a good guide of where we may end up in 2023 (once we have a JORC MRE as well as a PFS and assuming we continue to find new pegs in Brazil). Hiowever for 2022, IMO LRS is unlikely to end up at a comparable market cap to AVZ, SYA, LTR etc (happy to be proven wrong).

LRS and SYA are different investments and risk profiles. IMO the opportunity for profit multiples is higher with LRS than it is with SYA given we are still uncovering what’s under the ground in Salinas (and soon Argentina). Of course there is also a higher level of risk to be taken if someone invests in LRS relative to SYA.

SYA is closer to production and I think they already have a PFS with DFS due this year.

Not advice, DYOR.