Agree, though there is one discernible difference here with respect to the number of SOI
For LTR to run from $1 to $2, its market cap at $1 was already $2.2b and increased to $4.4b
LLL @ $1 still only has a market cap of ~$1.2b and an increase to $2 provides for a market cap of ~$2.4b or almost equivalent to a market cap at $1.
Not withstanding all that has been said about difference in jurisdictions, JV ownership etc, even at $2 it still represents a 50% lower valuation than LTR at the same share price, despite being fully funded and materially cheaper costs of production.
Starting to think that anything under $2 is a steal at this point and certainly wont be there long given the near term price catalysts.
V
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