About becoming Energy X major shareholder like over 30% equivalent. $50m, page-16

@boslo must admit I’m bemused why you think me discounting the US$50M in EnergyX scrip to zero in this deal is ‘total nonsense’ when you can clearly see the absurdity of the valuation they’ve slapped on themselves.

Top quality actual lithium producers like PLS (-45%), IGO (-64%), Ganfeng (-52%), ALB (-58%) and SQM (-51%) have all been hammered over the past year alone, many juniors have been hit -80% or more, and this guy thinks his company alone has just gone up-and-to-the-right to the tune of 1,000%? What have they actually delivered in that time?

I’m no fan of Joe Lowry and his biased hopium/copium but when a company issues him a C&D order and demands a public apology, MASSIVE red flag right there. Seems like a huge marketing exercise to me… these never end well.