Running discussion on SP, page-59801

i hope everyone saw the GLN announcement yesterday, increase in PEA NPV to 2b or 120% based purely on an increase in LCE assumption to $18k



interesting to note, todays LCE price is $32k! implying a NPV of 4b on a market cap of 400m = 10x

The same outcomes are due on AVZ after mining license.

Just like GLN, its like to go sideways but the pressure cannot be disregarded. A great buying opportunity today if our share price drops which i doubt. I hope so!

as for long term LCE pricing, 18k is very reasonable if not conservative . Lithium being in structural deficit, it is sky high prices till 2025 at least