Ann: PFS confirms potential for robust new long-life lithium mine, page-15

Want to add, payback period is good here as well plus mine life slightly greater than 20 years, again good.

Nonetheless, SP is a function of the NPV as well so at post tax NPV of A$507 million, and noting that the BOD are not interested in a takeover, this will influence the SP in the short term IMO. Ultimately a mine is only worth on its income stream and a 2 mtpa as per the PFS is an influence on that as per this 2nd post the other day - Post #: 41725086

Short term for those expecting a 'going to the moon scenario' from the PFS this won't happen short term. Also, suspect, as per my earlier post that the DFS will have a different configuration and project spec to this PFS in any event (i.e. hydroxide plant).

Long term hold, and for one to time an entry into LTR in due course IMO.

My thoughts only.

All IMO