Dont quite agree. LTR has only just recently appointed EPCM...

Dont quite agree. LTR has only just recently appointed EPCM contractor for their work and signed FID yet their SP continues to move up. Not long back it was 95c and today 1.2$ moving towards 3B$ MC. They will be producing the similar time LLL does
45% @ LTR MC gives LLL at this point an MC of over 1B$ or 1$ SP.
As CEO said in bulk of his interview, major construction work will be commencing from early next year. This year expect to have all the infrastructure, site works, road works complete. With sanctions now lifted, expect to see things accelerated.
Gangfeng has brought forward their converter plant by 6 months so there will be lot of pressure on LLL to bring forward production as much as possible. Wont be suprised given the power Gangfeng has with China on supply chain, we will see reduction in Initial Capital cost along with speedy delivery of equipment's and parts all resulting in higher NPV.