Great Clip from Tony, re LRS "keep moving forward" & all this...

Great Clip from Tony, re LRS "keep moving forward" & all this market noise, is just that. LRS will keep on powering along. There's no C&M talk, unlike other Li mines, all positive fibes right through to production!

Where is the real price of Li? around time 2-2:40 in clip, is a great common sense sustainable sale price approx. $1,600/ton for spodumene pricing. & in 12-18 months, prices will stabilise. He mentioned the plan for marching onto 100Mil ton. (from current 70 Mil).

I truly think, Like Sigma, LRS will demand a premium price to the market say 5-8%. So I'd say the $1,600/ton aiming to be the minim price in 2026. But lets go with that. 100,000,000 tones @1.5%x 1600 = $2,400,000,000 USD, AUD 3.692 Bil. currently that would be 1.68Bil USD 70Mil ton. Correct me if I have this wrong. Obviously less CAPEX & OPEX. 500-600/ton (not sure how that works re costs/ton).

No offtakes till they are ready, & the remaining 15 from 25, (all banging on the door & they are so keen to lock in their supplies)! Great management decisions being made by the sounds. Be good to see the SP get back to Mid 30's plus by end of QTR. & if the Li spodumene price get up to $2,000/ton. Will make a huge difference to the Market Cap.

Happy Friday all!

I regret not buying more at 12.5 cents. Sold some DYL, so had some coin ready, but was surprised how quick the price rose. Congrats to all who had the balls to get more.