LIT Chart Vs LPD Chart, page-43

Fair value and predicting share price is every investors dream. Comparing apples and pears (or LIT and LPD, or even Bacanora Minerals) is not going to help make it easier. How about a 5x (to 10x) increase in short term valuation to be positive on good news?

If we knew all the answers we would all be rich. I think its more about investors seeing some improvements to cash flow growth in the near future.

But, yes, that SiLeach plant might actually be good news, because it forces competitors to look. And when investors look, they speculate about the share value.

Interestingly, investors in Germany are very focussed on renewables, and planning several new lithium battery factories, and many new electric vehicles to be released in the next few years. It is well coordinated approach and German companies are securing graphite, cobalt and lithium supply contract agreements in advance.

Germany is the industrial centre of Europe and it is good to observe what is happening. Bacanora Minerals says testing of their resource in Germany (similar to LIT's adjacent projects) can produce a high quality lithium product. Hence, it is a good bet that a few drill results due soon, or a local SiLeach plant announcement might get the local investors crazy about LIT.

It is interesting that Central Europe is attracting strong lithium mining investment. EMH has a project in Czech Republic and RIO is getting started in a big project in Serbia, just to name a few.

In lure of the above, 2018 might be the time for LIT investors to get a lucky break.