General Discussion Topics, page-122436

From HOOPZ on twitter, quite interesting now:

https://twitter.com/_H00PZ_/status/1714405922842546360?t=eSUOCCCgop2ZozSIHdCuaQ&s=19



Very clearly shows just now undervalued Sayona is currently vs it's in production peers (blue represents in production obviously).


He points out:

Some observations:

1) Valuations for assets in production are very tightly clustered. Valued at roughly $1,500 to $2,000 AUD per tonne of LCE reserves.

2) $LTR - At $2,646/t of LCE LTR is very "highly valued" considering that it is not in production nor fully funded. At $3 it is $2,850/t which is almost double the valuation of other assets already in production.

3) $SYA - is an obvious outlier. At $953/t of LCE SYA is undervalued relative to its peers. This may be the result of the 50% offtake with PLL which has a ceiling of US$900/t which severely limits the margin available on 50% of the asset. Meaning it can't be valued like its peers until SYA and PLL agree to move forward with the carbonate plant, which will eliminate the offtake.

4) $LPI - Significant share price increase (moves to the right towards fair value) due to speculation regarding a potential transaction with Codelco.