LTR isn't as high quality as they bang on about. The biggest thing is its basically all underground due to native title (yes they have small pit for their underground portal). The 150mt resource they keep flagging is pointless, because the reserve (what they will actually mine is much less, this is because they can't do open pits for the rest) änd the Reserve is only 68.5mt @ 1.34% Li02. So really its $5.5 billion / 68.5mt reserve, therefore a shovel ready project (even sub optimally all underground) is ~$808 million per 10mt.
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