Let’s go through it chronologically perhaps and then maybe it’ll become obvious where you’re wrong because currently we’re just valued at over 100mil and there’s no rational way we could/should be trading at this price if, within only a couple of years or so, we’ll, according to you, be receiving annual revenue of multi-billions.
So, what steps do they still have to undertake until income commences? I’m starting to think maybe Li sales are not as straightforward as other commodities, in that a resource value can’t be attributed simply to the current price of the product.
I think CXO is a very good case study, where its SP went from single digit cents to now well over a dollar - assessing what the triggers were that saw the company’s value increase as such.
