Beside the technical which some time can be difficult to interpret at best, if not impossible, LLL remains one of the few Lithium developers out there that is getting on with project development.
Soon imo valuation will come, once the market will realise that the project start to produce Spud....and a huge amount of it.
Never underestimate the Chines and the persuasive power of money and efficiency, at the moment I hear lots of talking from wester country to get serious about green revolution and EV, but the only one that are actually doing something are the Chinese.
Worst case scenario at current sp, LLL in 2024 will produce lets say 250k of 6% Spud/con for a revenue above 1 Billion AUS $
and a profit possibly higher that current market cap, without mentioning expansions phase 2 and 3...
Even if sp remain this low just think of the dividends... or will maybe Ganfeng buy us out for 2-3$?
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