Can’t believe this hasn’t exploded out of the gates.
LTR now have quite the substantial resource, with most of it already in the higher confidence categories, has arguably some of the best grade Li compared to our Australian peers, and according to Mets, has arguably some of the lowest impurity levels of any Australian deposit.
all of this equals the potential for a premium product destined for the hydroxide market. Folk will be banging the door down to get their hands on such a product.
I still maintain that IF Buldania comes up as a 40MT - 50MT resource, KV will be sold off for quite a handsome sum.
right now the market is telling us that 75MT of some of the best grade best quality spod out there is worth $170 mil...I don’t think so. $250 -$300mil easy and that’s being conservative, and that’s not even factoring in Buldania or Vanadium assets or anything else.
Someone get the alarm clock, it’s time for this sleeping giant to wake up.
GLTAH
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