Ann: MOU with Yahua to Acquire and Develop. Lithium Projects, page-216

In the worst case scenario, assuming the trading halt yesterday killed the momentum, it will trade around 3 cents until the next good news which is imminent come from the company and the price will get where it should have in the first place shortly. If 25m MC for a lithium player is a bubble then the global X Lit and battery is all in bubble by 75%.
Lithium price is up, Global x index is up, all small cap lithium or battery material players are having MCs of more than 50m ( ESS, PAM, BMM,...) and the ones with some sort of offtake agreement with bigger players are having MCs of more than 80-90m (ASN, KNI, ...) and the ones closer to production are trading with MCs of more than 0.5b (CXO, LKE,..) and the producers have MCs of multi-billion dollars (PLS,..). Look at the whole picture, you'll just realise MC of 25m for this company is just wrong, and wrong prices won't stay wrong for too long in the market.