Thats an interesting point that 8horse makes LLL has US$20m...

Thats an interesting point that 8horse makes

LLL has US$20m shared debt funding, LTR will have around $500m debt funding.

If lithium pricing falls away sharply the debate wont be about 100% ownership or being in Africa, it will be all about low cost producers who can service their debt during price volatility.


Remember AJM had a great resource in Australia however they had huge debt funding they couldn't service during the last lithium price downturn.

I certainly dont see LTR ending up in that situation but its a consideration when determining valuations.