It's very difficult to ascribe value. Time value of money comes into play of course, because although we have the potentially superior resource in size and maybe grade, as well as location, LTR are much closer to production. Always going to be a big premium on that.
We can talk about lithium deficit increasing by 2030 till the cows come home, but a bird in the hand is worth two in the bush, so although I'd love to say we are worth comparably or even more, it won't be some time until we can even say we have that value because no one will be willing to drop that kind of coin on a Mt to $ ratio in Andover.
The best we can hope for is some insane TA2 and TA3 results. I would go as far as saying, push back the MRE if the team can smash the exploration target into the 300s (optimistic, I know) and then watch the price rocket on that news.
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