PAC Partners increases LRS price target to 29c, page-25

Thanks! We know lithium is not rare at all (although economically explorable resource is limited by current technology), so how much they can produce a year is critical, as it's directly related to revenue and earning. Canadian explorers will have several limitations to reduce their production capacity, and this will be a factor priced in their final valuation when their feasibility studies are released. Locking a higher output plan (like 500ktpa if that becomes true) is a big advantage, as we will be easily get more resource by further exploration and acquisition (it's easy when our 4Mtpa is online to print money). I cannot believe A$500M market cap will match a 500ktpa sc6 production profile forever. A 75ktpa LCE producer by 2026 should not be valued below A$1B even right now.
Short-term price action is very hard to predict for sure, and this is not financial advice at all. GLTAH