Good old fireside chat, page-5849

I would think that leading up to JORC and after ,the share price would trade at about 10% to 20% of resource in ground value.
The production cost could be quite high ,yet the production costs could be on the lower side ,so hard to put a value on the company at the moment until not only the test results ,but also the results of the next few drill holes JORC and share dilution plant cost ,if any.
I think at least 200,000 tons of Li will be discovered and have estimated at least 700 million AU in profits before tax.
So over a few years I think the share price will get to just over $1.00 a share ,but that does not include other minerals plus a JORC upside and or far cheaper production costs that 80% of in ground minerals.
By the end of this year a lot could happen in a positive way to get the share price to $1.00 or more sooner than latter.
Higher than expected JORC
Higher Li grades
Other minerals like B Br I Mg to also be processed for sale
Offtake
Other mineral offtakes
Production costs lower than industry standards.
For now IM sticking with a share price of over $1.00 long term until we know more on grade production costs and funding.
But I get the feeling that everything will fall into place almost perfectly resulting in price predictions being reached far sooner than expected.