LIT 4.55% 2.1¢ lithium australia limited

What is your valuation of LIT? Curious. LPD have a defined road...

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    What is your valuation of LIT? Curious.

    LPD have a defined road map and is on track to produce 5-6,000tpa lithium carbonate grom next year and a further 20,000tpa plus 24 months later. That is something you could begin to put a value on.

    LIT is 3-4 years away minimum from producing anything remotely associated with value, so curious to see your numbers and how you've determined them to be more undervalued than LPD, especially in the short to medium term.

    And agree, Galaxy a great long term hold.
    Last edited by surfarosa: 30/01/18
 
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