Generally speaking it can take 4-12 years for a company to go from explorer to producer, given we’re DLE my personal target is production in 6-8 years from discovery which IMO was JORC released 2019.
Share price wise, that depends if/when we get to the target of 5 million tonnes LCE and the type of offtake deals we get.
Right now in my opinion we should be trading at 30-40% NPV, that percentage increases as we get closer to production.
All my opinion only, one thing investors (especially here) should do is DYOR rather than trust a lot of gossip as fact.
ASN General Discussion, page-11486
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