Its really not that difficult to understand one would think. Shaw gave a full value of the P1 project of 3.1c based on the figures given. I trust they would have better information than someone who cant even compare the current lithium price to the DFS. Their value is for a functioning P1 project rather than the current stage of where LPD is at, and yes the savvy investor might just realise that LPD could quite easily be seen as overvalued currently given how much risk lies ahead and in comparison to the potential gain (according to Shaw).
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Its really not that difficult to understand one would think....
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