ASX Today, page-15319

Pls is only a relevant comparison for the next 3-4 years.
Alb and SQM are better comparisons. Ltr has premium SC6 (not 5.5) and has a plan in place to become the 3rd largest LHM producer outside China. Pls doesn’t have a plan as grand, it’s ceo just sold half of his stake on shortsightedness. Ltr is the sleeping giant. 86,000 tonnes LHM for starters. And Buldania to boot.
Not going to deposit billions of waste on surface. This alone will leave all Aust hard rock competition bite the dust. $6 is a bargain, $10 is likely by the time we start producing. Roskill changed its Aug forecast from $700+ to $1409 for SC6 within 3 months. Things are moving in lightning speed. Ltr is in optimum position to capitalise on esg, price, latest processes and best practice the sector can dream of. UG, WOF, selection of best partners and customer in the supply chain all figured out. Ltr will be a great case in graduate schools on how to build a lithium giant bigger than Fmg without deserting the environment and alienating the native owners. All these will start shaping up in concrete in just 24 months. Remember those shopping strips before the modern malls were built? They all look tired shops, customer will be flocking to Ltr mall with gym, bowling, undercover parking, and best selection of shops and services- customers will be flocking to Ltr. All in 24 months as commissioning starts- next month the countdown to 24 months will psychologically feel shorter and shorter. What a bargain at todays prices. Remember kdr with smaller deposit was valued much more than pls when acquired even if pls was producing and with bigger deposit.

cheers