Hi adesso
Sorry i should have been more clear
AZS only owns 60% of the Andover project
So the valuation for the Andover project is higher than that which is displayed on HC
LTR SP has gone up a bit recently, but they're probably around the same valuation now. Note that LTR has $500m cash balance and set to begin production this year
The Andover project is looking to be far superior than LTR however, but they are quite a few years away from production, and will need significant funds / dilution to get there
All in all, in the current environment I think its a good deal for shareholders
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- Ann: More Very Impressive Lithium Results from Andover
Ann: More Very Impressive Lithium Results from Andover, page-12
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