Crispix

[Crispix @NickPistone14]

Still wild to see $LAR trading around a ~$1.1B mktcap. The market is assigning near zero value to CO Ph2 + PPG project. Massive disconnect between multi asset growth potential and equity price.

[Lithium Argentina @Lithium_ARG]

Well timed piece on Argentine brines following our strategic transaction yesterday.
Read more here: https://t.co/etIRKa2BIX
#LAR #Lithium

[Yellow Lab Life Capital @YellowLabLife]

If you had told the Koala that lithium carbonate would be $21,500/t up +26% YTD at the end of July

And spodumene was up +35% YTD to $2,100/t

Definitely would have thought Albemarle $ALB would be up 40-50% YTD, not down 20%

This move down from mid-May ($ALB is -48% in ~10 weeks) across lithium names seems irrational

[Joe Lowry @globallithium]

Congrats Argentina!

[‏ْ @marklfcx]

Lionel Scaloni reacts emotionally after Lionel Messi’s hat-trick:

🗣️ “I honestly couldn’t hold it back anymore… when Lionel Messi scored that third goal, I completely broke down on the sidelines because of everything that moment represented.”

“It wasn’t just about the hat-trick or the scoreline… it was about everything he has done for this team, for this shirt, for this country, and for the millions of people who have followed his journey from the very beginning.”

“As a coach, you are supposed to stay calm, think clearly, make decisions, and control emotions in every situation… but sometimes football takes over and reminds you that you are also just a human being.”

“When you see a player give absolutely everything over so many years, carry so much pressure, and still perform at this level in a World Cup, it becomes emotionally overwhelming even from the touchline.”

“He doesn’t just score goals for Argentina or win matches… he carries the hopes, dreams, and emotions of an entire nation every single time he steps onto the pitch.”

“In that moment after the third goal, I wasn’t thinking like a coach anymore, I wasn’t thinking about tactics or the game… I was just proud, emotional, and deeply grateful to be witnessing something like that so close.”

“You look at him and you slowly realise that what we are watching is not normal anymore… this is something that belongs in football history forever, something that will never be repeated in the same way.”

“That hat-trick didn’t just change the game or the result… it created a moment of pure emotion that will stay with me for the rest of my life as a coach.”

[Crispix @NickPistone14]

$LAR

[Howard Klein @LithiumIonBull]

Congrats @Lithium_ARG @GanfengOfficial on this spectacular ramp up to full production at Cauchari, near Atacama-level costs and positive cash flow generation.

Notable too is $LAR's planned #ASX listing, which validates our argument that non-ASX lithium equities trade at steep discounts despite controlling some of the world’s best long-life resources.

LAR is about as non-Australian a story as you can find: North American management/team, South American assets, NYSE + TSX already in place, and no historical Australian ties whatsoever. In today’s market, virtually every mining company wants the greater access to US capital markets that LAR already has - yet LAR is going the other direction.

Why? IMO because the ASX investor base should better appreciate this story. ASX/Asian investors have positive understanding and history with:

- Ganfeng & China-linked lithium supply chains
- Minority-interest structures - $IGO.AX’s indirect exposure to Greenbushes is an obvious precedent here.
- long-lived Argentina brine production via Orocobre → Allkem → Arcadium → Rio Tinto paying $6.7B/~90% premium.

Cauchari-Olaroz is now operating at its full 40,000 tpa capacity with costs at the low end of the global curve — a very strong operational achievement.

Meanwhile, the near shovel-ready Pastos Grandes/PPG development asset has long-term aspirations for 150,000 tpa scale, which, as we discussed on Rock Stock Channel last week with ATB Cormark's Mac Whale, Mr. Market is arguably assigning close to zero value to - but strategics may value just this asset at LAR's current market cap of $1.7B

IMO, LAR's ASX listing has a good chance of materially narrowing its valuation gap, will provide a positive read-through for ASX-listed @GalanLithium and other Argentina brine developers, and may lead to additional TSX/US-listed producers and developers to follow in their footsteps.

Which is why I continue to hold and buy $LAR & $GLN.AX on dips...

Not advice. DYOR

[Howard Klein @LithiumIonBull]

Congrats @Lithium_ARG @GanfengOfficial on this spectacular ramp up to full production at Cauchari, near Atacama-level costs and positive cash flow generation.

Notable too is $LAR's planned #ASX listing, which validates our argument that non-ASX lithium equities trade at steep discounts despite controlling some of the world’s best long-life resources.

LAR is about as non-Australian a story as you can find: North American management/team, South American assets, NYSE + TSX already in place, and no historical Australian ties whatsoever. In today’s market, virtually every mining company wants the greater access to US capital markets that LAR already has - yet LAR is going the other direction.

Why? IMO because the ASX investor base should better appreciate this story. ASX/Asian investors have positive understanding and history with:

- Ganfeng & China-linked lithium supply chains
- Minority-interest structures - $IGO.AX’s indirect exposure to Greenbushes is an obvious precedent here.
- long-lived Argentina brine production via Orocobre → Allkem → Arcadium → Rio Tinto paying $6.7B/~90% premium.

Cauchari-Olaroz is now operating at its full 40,000 tpa capacity with costs at the low end of the global curve — a very strong operational achievement.

Meanwhile, the near shovel-ready Pastos Grandes/PPG development asset has long-term aspirations for 150,000 tpa scale, which, as we discussed on Rock Stock Channel last week with ATB Cormark's Mac Whale, Mr. Market is arguably assigning close to zero value to - but strategics may value just this asset at LAR's current market cap of $1.7B

IMO, LAR's ASX listing has a good chance of materially narrowing its valuation gap, will provide a positive read-through for ASX-listed @GalanLithium and other Argentina brine developers, and may lead to additional TSX/US-listed producers and developers to follow in their footsteps.

Which is why I continue to hold and buy $LAR & $GLN.AX on dips...

Not advice. DYOR

[Rock Stock Channel @RKEquityRocks]

Argentina brines continue to look materially undervalued versus recent transaction benchmarks.

But with $NOAL.V up 30% (1W), might a re-rating be underway?

We discuss why @NOAlithium's Rio Grande may offer a better risk-reward setup than current valuation implies.

📺: https://t.co/YQW09O8xwQ

Not Investment Advice. DYOR.

[New Energy Investments @newnrgnvst]

Mac Whale on Lithium Argentina: "Where else do you get a producer, at the low end of the cost curve, that has that much growth ahead of it? ... I would defy you to find me another one." $LAR

[Crispix @NickPistone14]

$NOAL.V / $NLIBF

NOA LITHIUM BRINES:

Motivated buyer stepping in today. Still super cheap imo, and inflection point near as the stock re-rates into Rio Grande PFS

Re: $LAC & $LAR

[Crispix @NickPistone14]

Summer of $15 $LAR

[Lithium Argentina @Lithium_ARG]

Reminder Lithium Argentina will release first quarter results on Tuesday, May 12, 2026 followed by a conference call at 10:00 AM ET. Register now: https://t.co/MeDECzHDFY

[Rock Stock Channel @RKEquityRocks]

Check out our latest research report on @NOAlithium entitled “Market Fails to Understand NOA’s Optionality”

Our thesis:

•Robust PEA: 20Ktpa lithium carbonate project with potential to expand to 40Ktpa over 30 years life for capex of US$706m and mine gate cash costs of US$5641/t.

•Unrecognized Optionality: Multiple paths to value: technical-grade carbonate, chloride, or hybrid DLE.

•Strategic Scarcity: Argentinian brines are at the bottom of the cost curve and are highly sought after by industry players.

•Valuation Gap: NOA trades at c.$10/t LCE. Recent M&A in the sector was at multiples closer to $50–100/t.

Bottom Line: $NOAL.v is a relatively new entrant in the market which boasts a strong management team, good investor support and a good asset base with plenty of optionality to benefit from higher lithium prices.

Read the full research report here: https://t.co/PKmloMXDYn

[Crispix @NickPistone14]

👇

https://t.co/mvKOEo1QEj

[Crispix @NickPistone14]

Excellent report from @MattFernley at @RKEquity on $NOAL.V
Multi-salar portfolio in a Tier 1 basin, scarce evaporation brine assets, trading at a steep discount to both peers+recent M&A comps.

Conservative NAV implies ~$1.00 CAD/sh - Trades at ~$0.24c. Hidden in plain sight imo

[Crispix @NickPistone14]

@LithiumPriceBot @claudeai @pls_global Noa Lithium Brines $NOAL.V seems to tick off many boxes, and quite cheap in comparison to past peer group/takeouts

[Len @lenraleigh]

$NLIBF / $NOAL.v NOA Lithium Brines Inc. @NOAlithium is worth checking out. The CEO / Founder President is Gabriel Rubacha, formerly South American Operations for $LAC. Insiders have accumulated shares. #Lithium 👀
HT @NickPistone14!

[Crispix @NickPistone14]

@valcosecurities LAR just recvd a $~42MM cash distribution last q, although G&A may have seemed high when margins were thin, not as relevant now. Although I agree it all hinges on lithium prices stabilizing around here. Diff story back at 7-8k/t

[Crispix @NickPistone14]

@valcosecurities Think this is a rearview mirror approach to forecasting the future of the company, and misses the q1 inflection (LAR confirmed q1 avg selling price of $ 17k/t); margins effectively triple. With the new 6yr Ganfeng facility, the liquidity ‘crisis’ is off the table.

[Crispix @NickPistone14]

@valcosecurities That wouldn't even cover the replacement cost of the pumps and ponds, while getting the entire growth pipeline for free (a RIGI approved C-O p2 + PPG)
$LAR shaping up to be a cash-flow machine

[Crispix @NickPistone14]

@valcosecurities Cauchari-Olaroz guides $460M EBITDA for F26 at current prices, ~$200M attributable to $LAR. Producers generally trade at a 8-12x EBITDA.

A 3-400M valuation implies a 1.5-2x multiple, which is delusional for a Tier-1 asset with 40+ years of life and sub-$6k/t costs.

[Howard Klein @LithiumIonBull]

#RockStockChannel just published its first ever 1-on-1 interview with @LithiumAmericas CEO Jon Evans.

For the first 7 years of my now ~18-year lithium journey, the only project I promoted was what I’ve titled this video America’s Lithium. Lithium Americas.

Like Mountain Pass in California for rare earths, Thacker Pass has been picked—by the U.S. government, by GM and supported by Orion Mine Finance —and is now under construction with Bechtel.

The “rare earths to magnet” megaphone is expanding to “lithium to battery” — a much larger market that The Donald Administration is now starting to Trumpet for both energy and military dominance.

Unlike most critical minerals, the U.S. has both the resources and human capital in lithium -- from Albemarle to Rio Tinto to Tesla in Nevada, North Carolina and Texas.

Like oil and gas, over the next decade the U.S. can move from net importer to net exporter of lithium chemicals.

And lithium is the foundation for the missing middle—cathodes, precursors, and a fully domestic battery supply chain.

I’m very much rooting for Jon and Thacker Pass’s success—which will support other western USA sediment and salar projects, spodumene and brine feedstocks from Canada and Latin America as well as oilfield and geothermal brines in Arkansas, Alberta an California.

Strongly recommend you have a listen $LAC $MP
👇