Effectively, the market is saying the last announcement has no value. We will have to wait for the actual numbers for the resource increase and the quality of the lithium.
While SYA is more advanced, LTR is primarily due to its huge resource in Kathleen Valley. For comparison..
Kathleen Valley
(Lithium-Tantalum)
World-class scale and economics
156Mt @ 1.4% Li2O & 130ppm Ta2O5
~40 year mine life
High-grade
DFS due Q4 2021e lithium.
Buldania
(Lithium)
15Mt @ 1.0% Li2O
Resource upside
Moora
(Gold-PGENickel-Copper)
Emerging mineral province
Previously unexplored
Exceptional early results
43m @ 1.7g/t gold
General Discussion Topics, page-21713
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