1. Limited track record - As a relatively new company, Lithium Royalty Corp may have a limited track record compared to its peers. This lack of historical performance data can make it difficult for investors to assess the company's stability and potential for growth.

2. Smaller market presence - Compared to its peers, Lithium Royalty Corp may have a smaller market presence. This can result in fewer investment opportunities and potentially limit the company's ability to attract high-profile projects or partnerships.

3. Higher risk profile - Due to its smaller size and limited track record, Lithium Royalty Corp may be perceived as having a higher risk profile compared to its peers. This can make it more challenging for the company to secure financing or attract investors who prefer more established and stable companies.

4. Limited diversification - If Lithium Royalty Corp focuses solely on lithium royalties, it may have limited diversification compared to its peers who may have exposure to multiple commodities or industries. This lack of diversification can increase the company's vulnerability to fluctuations in the lithium market.

5. Competitive disadvantage - If Lithium Royalty Corp's peers have stronger relationships with key industry players, such as lithium producers or mining companies, the company may face a competitive disadvantage. This can impact its ability to secure favorable royalty agreements or access to high-quality lithium assets.

6. Lack of brand recognition - As a newer company, Lithium Royalty Corp may have limited brand recognition compared to its more established peers. This can make it more challenging for the company to attract investors or secure partnerships, as potential stakeholders may be more inclined to trust and invest in well-known and reputable companies.

7. Limited resources - Compared to larger and more established peers, Lithium Royalty Corp may have limited financial and operational resources. This can impact the company's ability to invest in research and development, expand its team, or pursue new business opportunities, potentially hindering its growth potential.