All you need to do is compare it to Ammaroo in the NT which has lower grades and is even more stranded. That got taken out for $40M when the phosphate price was half of what it is today.
As I’ve said before, unless someone can rationalise why Ammaroo is worth more than AEV, I think an investment in AEV is a no brainer. I’ve loaded up and not selling anytime soon. This is a once in a lifetime opportunity to ride the LFP battery boom.
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