General Discussion, page-1190

At approx the 7min 30 sec mark they talk about Atlantic, Sayona, PLL, and Leo Lithium all expected to get into production before 2025 and they expect they could rerate the same way as Core Lithium & Sigma Lithium have.

They also talk about Lithium company valuations should be around 12-14 x EBITDA because of the high growth & expected M&A in the sector.

We've had some good gains of late, albeit off a very low base.
However we are a long way behind the likes of LTR, SYA, PLL not to mention CXO which is multiples of it's DFS NPV
Our DFS after tax NPV was $4.1b based on SP6 of $1250 for 1st 5 years then $900
Our 40% share $1.64b, our present MC about 1/3rd of that

I've posted this before, but the PFS correction chart (shown below) adds US$1,239m for each 20% above the DFS $1250/t
At a conservative $6000/t, that's 480% more
So 24 (480/20) x $1239 = US$29.7b on top of the $A4.1b
Call it about A$46b
Our 40% share $18.4b
They are massive numbers, yet we have a measly $600m ish MC