Macquarie just updated spodumene concentrate price significantly...

Macquarie just updated spodumene concentrate price significantly for next few years and long term price.

I've just done an exercise, roughly calculation to get an idea of how undervalued LLL is.

Goulamina is aiming to commence production as early as Q1, 2024.
I assumed production commencement in Q2, 2024, exchange rate 73c AUD/USD.

In 2024, with six months production, LLL shared net profit after tax would be around $618m, which is more than current market cap of $604.7m.
Total LLL shared net profit after tax for the first five years would be $2.7B, and $7.2B for the 21 year mining life.

ALL IMO, just food for thoughts, ALWAYS DO YOUR OWN RESEARCH.