Remember I am just some guy on the internet, lol. DYOR But if you really do, I suggest you have a look at companies like SLL, VUL, ETMC, LKE (LILAC)... Study the technologies they develop and the competitive factors I mentioned. There are reasonably precise estimates, where are these technologies set to be in 3 years. There is enough info about how much lithium those companies have and what are the other possible applications and other brine sources, including all South-American companies that produce via evaporation ponds now...
The currently operating hard-rock lithium companies are very well positioned for nice profits and very good performance in the upcoming few years as there is no other source that can scale up easily. The question is, would you be willing to make a long-term investment in a low-grade hard rock source with the LOM over 20 years if you don't know when you may expect to commence building the mine and commission the equipment? It's a long way to commercial production and once you start, how long can you possibly expect your product to stay competitive?
EMN Price at posting:
63.5¢ Sentiment: Buy Disclosure: Held
