...I assume you expect me to compare the sp performance to PLS and co as "peers"?
Is that even close to apples v apples?
Nope.
Who else produces from Li brine?
Livent, SQM...
Anyone else operating Li brine + spod + developing downstream refinement + developing new Li brine op + expanding current Li brine op + developing new spod op..?
Nope.
Hard to find a "fair" peer to compare to imo.
PLS and some other Spod entrants have seen steep rises in SP, sure they have.
PLS has had some great progress with production expansion + huge product price increases. Good on them. They mine and concentrate rock, and sell a sub-6% Li2O product. Not rocket science and relatively easy to do when compared to chemical processing of Li brines.
ORE/AKE's focus has been on Li brine, with JB in the background working through the maze of approvals etc... ad Mt Cat ticking along printing money while it identifies LOM expansion potential. Development takes a LONG time, regardless of how impatient we all might be.
SP growth has been 80%+ per year for the past 3 years.
Risk/Reward.
People are free to chase whatever companies they like. Risk/Reward. Good luck!
FWIW:
DYOR
