While I’d like to be conservative with my valuation of MEI...

While I’d like to be conservative with my valuation of MEI ($0.50 to $1 might be possible in the next 1-2 years, that’s why I mentioned earlier that I would be happy with $2 from Gina LOL), I think some of the high SP being quoted isn’t completely out of the realms of possibility. I think LYC is currently valued at around $6B based their NdPr production/sales of around 5-6000t, with the avg sales price of $60USD. Their MC could easily recover back to around $10B+ if the NdPr price also recovers to $100USD+. I think many of the research papers show MEI producing MREO of 5000t. If that’s a reasonable assumption then why wouldn’t MEI get to a valuation similar to LYC in the future? This means SP could be anywhere between $3-$5 per share, maybe more depending on where the REO price goes (my view is up and up!). I understand that comparison to LYC isn’t that realistic yet, their MC is reflecting capabilities and future prospects that MEI does not yet possess. Just my POV.