Personally I think we should be 70% of LTR’s market cap now; about $1.80 per share(?). 30% discount for location risk is MORE than fair IMO.
Especially with the area proven by gold mining over 30 years & our area set to become a legit lithium mining province , with Kodal joining us. The value gap will close rapidly as we get to DSO later this year.
From memory Simon said plans for DSO released as early as Feb.
Then we’ll see a good climb from there and with resolution of the FFX shareholding it will accelerate.
This year is going to be great for LLL holders, a minimum 100% gain IMO, while the asx 200 might struggle to break even.
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