Yes people lose their mind when they fall in love with that stock. Jens will clearly just denigrate any Li stock that isn't AVZ.
By the time AVZ reach production (on any rational persons time line) PLS will already be producing 5Mtpa. TAW will be producing over 3Mtpa including fines etc.
They think AVZ will be worth a minimum of a dollar. They already own only 60% of the project and they expect to JV for capex. Might end up owning 40% with 2.4bn SOI. Let's say even 60c even that would make the project worth $3.6bn at 40% ownership for 5Mtpa operation. 60c is about 160% profit.
TAW at 160% lift is $1.4bn for what could be a 3Mtpa+ operation within 18 months. Think I will make my own investment decisions
TAW Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
