Share Price Potential, page-15

As a roughy guide I think the market cap of the two (TAW & AMAL) should be combined as they own 50% each if bald hill although TAW has more surrounding ground ...So using your numbers this gives a combined market cap of $275m approx in $Au. ...then use this number to compare against the value of other peer Lithium company valuations on the ASX



So on my list of top players ranked by mcap on the ASX we have:-

GXY - $884m in Production

ORE - $596m in Production

PLS - $554m in construction phase

TAW - $275m at Pre Defn Feasibility stage

AJM - $236m in construction phase

NMT - $172m in Production (but Minority ownership)

GSC - $176m at Pre Defn Feasibility stage

KDR - $148m at Pre Defn Feasibility stage



Question is...is this a fair valuation ... for the current project status?

Personally I think the AMAL share price remains too high and the TAW share price should be higher ...almost a reversal of current situation. But perhaps I am slightly bias.