1. Financial challenges - Lydian International Limited has faced significant financial challenges, including a lack of funding and liquidity issues. This has hindered the company's ability to compete effectively with its peers.

2. Legal and regulatory hurdles - The company has faced legal and regulatory hurdles in its operations, particularly in relation to its Amulsar gold project in Armenia. These challenges have resulted in delays and increased costs, putting Lydian at a disadvantage compared to its peers.

3. Environmental concerns - Lydian International Limited has faced criticism and opposition from environmental groups and local communities due to concerns about the potential environmental impact of its mining activities. This negative perception can affect the company's reputation and competitiveness.

4. Project delays - The Amulsar gold project has experienced significant delays, primarily due to legal and regulatory challenges. These delays have resulted in increased costs and lost opportunities for Lydian, putting the company at a disadvantage compared to its peers who have successfully executed their projects.

5. Limited production and revenue - Due to the challenges faced by the company, Lydian International Limited has had limited production and revenue generation. This has hindered its ability to compete with peers who have been able to achieve higher production levels and generate more revenue.

6. Investor confidence - The financial and operational challenges faced by Lydian International Limited have negatively impacted investor confidence in the company. This lack of confidence can make it difficult for the company to attract new investors and secure necessary funding for its projects, putting it at a disadvantage compared to peers with stronger investor support.