Even based on current downbeat of lithium sector, I reckon SDV will attract the valuation of at least US$250m (Or AUD $357m) for 49 %, essentially value the venture at around US$ 500 m (or AUD$ 704m) that is approx $AUD$1.72 per share for SDV alone, far cry from silver donut valuation of US $20m which essentially rendered SDV worthless, the $20 m valuation basically are for some plant , building and equipment and measely value for the tenement and on the proviso that the project not going ahead, mothballed or firesaled in the future.
So it is important for GXY to clinch a deal for SDV, anything north of US $250 m for 49% stake ATM, is fair and decent based on current lithium cycle.
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