LEL - The Sleeping Giant, page-293

So had a little look on some updated numbers in LCE correct me if I am wrong. Using this formula (MT x Li2o %) x 2.473 = LCE, rounding to 2 decimal points. According to the PanAsia conversion table.

Here is what i came up with for a few hardrock stocks.

GL1 - 1.25 LCE - $349.7m

DLI - 0.38 LCE - $287.9m
ESS - 0.34 LCE - $123.08m
LLL - 4.86 LCE - $868.3m
LRS - 0.4 LCE - $457.3m

And just gonna include one producer
CXO - 0.98 LCE - 1.896b

If this is correct, LEL is way undervalued compared to hardrock lithium stocks, a probable 4 LCE is getting valued at under 90m, while you have DLI which isn't even 0.4 lce according to my calculations getting valued for more than 3x the price of LEL, or LRS getting valued for more than 7x, they are getting valued more for a lot less.

(That's not suggesting these stocks are overvalued as the profit margins are crazy in the lithium world and the sky is pretty much the limit to how high they can go, but it suggests LEL is grossly undervalued compared to them.)

And I can see why @PirataCzornomaz went all in.