Euroz has put a price tag of $1.3B on Tabba Tabba (96c target).
I know they're just putting the price target ahead of the crowd's 'irrational exuberance' to keep pushing appreciation but it would appear 100Mt+ is assumed there. I'm not seeing that scale yet unless all future depth intercepts come back at 1.5% - previous hits were patchy low grade.
We're seeing in other words 'market darlings' being favoured. I would assume it has something do to with powerful connections, incumbents with big ambitions, favourable media coverage in the general press, and the strategic stirring of 'animal spirits' with rumours. Notice how the SP runs ahead of real value which then 'backfills' with news as Euroz said in their previous.
Meanwhile in Canada no one cares about lithium. Need some local billionaires to start talking big in the Val d'Or pub.
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