Was also interesting though that they said market still viewed LAC as quite risky (not just because of the environmental protest) and therefore discounted, even though LAC already in the start up phase of the production. Part of the risk is because it is a clay project and also ramp up of a new project to peak production can take a few years. Maybe longer for a clay deposit to reach full production, compared to hard rock, but it did remind me that we will still have a significant ramp up phase and still need to prove to the market before we reach anywhere near true value. I have penciled in 2027 for us, because I'm a patient guy. Fortunately lithium prices to remain high well beyond then.
G
Was also interesting though that they said market still viewed...
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