Liontown Mineral Resource - News Articles, page-4

just a snippet from the stockheed report

Liontown managing director David Richards says the maiden resource is a “major milestone” which has provided a strong foundation for its aspiration to develop a high-quality battery metals business in Australia.
“We always had high hopes for Kathleen Valley, for a number of reasons,” Richards says.
“It’s in a great position, in a well-established mining jurisdiction near Leinster, it lies close to existing transport, energy and camp infrastructure, and the mineralisation sits on granted Mining Leases.

“The other attractive features are its high grade, the significant tantalum component, and the fact that it comprises mainly spodumene-hosted lithium mineralisation that is likely to be amenable to conventional processing.”
“These are big pluses for any emerging lithium project – and they put us in relatively rare company. Outside of the leading mid-tiers like Pilbara Minerals, Kidman Resources and Altura Mining, there actually aren’t many ASX-listed companies with emerging high-grade spodumene deposits in Australia.”
To put Liontown’s maiden resource for Kathleen Valley in context, the current published resource for Tawana Resources’ (ASX: TAW) new Bald Hill lithium mine is 18.9 million tonnes at 1.18% Li₂O and 149ppm Ta₂0₅.
And Galaxy Resources’ (ASX: GXY) Mt Cattlin lithium mine in WA has a resource of 9.7 million tonnes at 1.35% Li₂O and 198ppm Ta₂O₅.
Then, to put the potential upside for Liontown in perspective, Tawana has a market capitalisation of around $196 million and Galaxy $1.2 billion (albeit with other significant offshore assets) compared to Liontown’s $35 million.
Richards and his team are confident they will be able to follow in the footsteps of some of Liontown’s bigger lithium peers like Tawana, Galaxy, Pilbara Minerals and Altura Mining – which collectively have helped transform Australia into a lithium super-power in the past five years.

think it wont be long until the market catches on and a re-rate will happen. ​