LTR 1.28% 79.0¢ liontown resources limited

AZS now is valued at an Enterprise Value of ~$1.8b, valuing the...

  1. 2,621 Posts.
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    AZS now is valued at an Enterprise Value of ~$1.8b, valuing the Andover Project (their far and away best asset) at ~$3b.

    IMO, that's a pretty absurd comparison to LTR, given how incomparably far ahead LTR is.

    It seems that the Andover project will be a better resource then LTR. However, LTR's resource is still a high grade Tier 1 resource, in the same jurisdiction as AZS', permitted, native title agreement in place, offtakes secured, Sumitomo agreement in place, and most importantly, 6 months away from completion (and probably 8 months away from first production).

    To me, that provides great confidence in the future of the lithium mining sphere.

    Last edited by Sharejon: 14/11/23
 
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