LRS General Discussion, page-18288

Theoretically, there ‘should’ be share price appreciation as a project derisks and the market starts to believe that it will actually make it to production.

So things like permits, funding (especially), strategic partners, construction progesss and completion ‘should’ result in institutional money being comfortable buying at higher market caps.

But as we all know, it’s rarely a smooth straight line in terms of share price progress.

Biggest one for our value IMO is the funding question. Theres a growing sentiment that lithium developers can’t get funded (look at LTR - banks ran in the opposite direction more than once).

Let’s hope the Brazillian development bank takes a favourable view of our economics.

https://www.bndes.gov.br/SiteBNDES/bndes/bndes_en/