Ann: BFS Update and Target Production Capacity Increase, page-41

so they consolidate their share price say to 70c, with the same market cap @ 160m.

Then purely because the share price is higher, the market will sell it down whilst completely ignoring the market cap?

Wow , i feel bad for companies that have higher share prices?

It seems like having a high share price means the market will sell you down...

Meanwhile the market doesnt care about the 1.1b NPV asset they have are current REE Prices. The market doesnt care that throughput just increased 28% and royalty payments were removed, adding extra NPV to this asset. And on top of that the market doesnt care this is arguably the only global near production asset available to allow US and Europe to decouple their supply chains from souring relationships with China. The market only cares about share price...

infact the market doesnt care because it doesnt know about PEK. Because at 7.1c the big players along with alot of retail investors put this into a speculative dont touch drawer. On the contrary, PEK has alot of the components lined up with Mining complete, BFS being re-done. This is hardly a speculative and 7.1c doesnt reflect its status. 70c on the other hand better reflects the position of this company and will only rise post consolidation - Example Lynas Corporation did a consolidation and look at us now