This table includes all the Lithium projects with studies that I...

This table includes all the Lithium projects with studies that I am aware of. I see a lot of people posting on other companies that they have missed the Lithium boat. Firstly, the journey will be a lot longer than what anybody thinks. Secondly, there is still some value out there (i.e. not everything is overvalued in this market).

I am wary of companies that have any or multiple of the following:
1) high Capex to NPV (EURs DFS will be interesting)
2) short LOM (i.e. small resource)
3) huge capex requirements
4) high EV % of NPV (unless they are getting close to production)
5) not enough head room on a projected PE multiple basis (unless there is significant upside due to factors outside of the study)
6) aggressive product pricing (beyond what the rest of the market is doing; e.g. using spot vs contract pricing)
7) permit issues
8) high opex (AISC or C1 costs) (i.e. low grade)


Note: PSC have sold their Lithium project so they are not really an option anymore (in terms of exposure to lithium - until the sale goes through and they release details of their next project).

ALL IMO DYOR.