I agree 100% the more players the better as the demand for lithium is going to require a large number of mines in the next decade. What I am on about is that WA is a premier mining jurisdiction and that comes with a premium to our share price.
LRS - Argentina has rampant hyper-inflation. Looks like a nice place for some Instagram shots, but a fair distance from, well, anything. Love it how a company with a huge Kaolin resource in WA suddenly does a flip and ends up mining lithium in South America.
WR1 - Fires/frost, long delays in obtaining approvals. Distance from infrastructure. Little Kevin the bed wetter.
My point which I have made before, how is it that small Australian companies starting out in this exploration caper think that they have the experience dealing in any foreign country? Language, laws, customs, environment - the list goes on. AVZ are in a monster mess (you don't sue the government when in arbitration and expect to receive a mining licence!), LKE shot themselves in the foot in Argentina. I say good luck to the likes of Leo in Mali - I have the pop-corn ready. Sayona have done more feasibility studies to rival the Australian fast rail project, but seem to be getting there and just might be the first to turn a spud, sorry spod in Canada *slow clap*.
WA = premier mining jurisdiction. <-- Is it not surprising that CXO, PLS, MIN and soon, LTR are all in WA and doing well for share holders?
PS If Little Kev can leave us alone, I'm happy to no longer talk about WR1 or his bladder.
AZS Price at posting:
$1.51 Sentiment: Buy Disclosure: Held
