whilst every lithium play would like to see a us$8500 spot price...

whilst every lithium play would like to see a us$8500 spot price for sc6, as the price does fall away, we revert back to the lowest cost producers thriving… LLL sits in that range of the lowest cost producers … that’s not something you can easily overlook… @25c LLL falls to an aud$300m company… less than $A11 who’s recent mineral resource release is a scratch of goulamina and lower still when you consider their project holdings. (Still an interesting project)

when looking at eg:
AZS is approx $1.6b
CXO still over $500m
LTR still over $3b

and adding profit margins for same, LLL still comes out in front. Stage 3 still viable at todays spot price, even if it falls further,in a project such as Goulamina

you can argue an anti African position in the times of high spot prices, however in the times where spot falls away, africa once again presents as undeniably good proposition.