General Discussion Topics, page-94218

Well as we know Rio fits into this SYA puzzle somewhere, that's for sure, time will tell.

Btw, from the Fool this morning which is interesting, if Sayona were to start getting some positive broker coverage would be something.. look at that price target from Bell Potter (no suprise to steadfast lithium investors obviously):

Liontown shares are still a buy

The Liontown Resources Ltd (ASX: LTR) share price may have rocketed 68% higher on Tuesday following a takeover approach, but one broker believes it can keep rising. Bell Potter believes Albemarle’s offer is fair but not full and has retained its buy rating with an improved price target of $3.35.

What does that put other near term lithium producers at if they value Liontown at $3.35 a share..?

The fun is just getting started imo, yesterday was an amazing kickstart that the sector desperately needed after crazy oversell off and over reaction to macro factors and China manipulation.

Liontown is a fantastic lithium play no doubt, but we are producing NOW with carbonate PFS this month coming and Moblan expansion news imminent along with its own PFS.

Again, what is Sayona's true value, it certainly isn't in the teens or twenties imo. Will be interesting to see how today plays out after yesterday's action, will we see a bit of a pull back? or will the instos and fund managers be plowing in now along with general public who saw the news yesterday?

It was shot across the BEOT's bow for the world to see, that current and near term lithium producers have been massively oversold/undervalued.