Based on the original PEA I had a price target of 75-80c when in production using a PE ratio of 10. That’s all pretty conservative in my opinion. Lithium and Bromine prices have significantly increased and they’re in the process of potentially significantly increasing the resource.
If resource is increased and Binding MOU signed with Tetra in my opinion the above price could be hit this year.
All my stupid guess and a lot to happen before then so take it for what it is. Cheers
ASN General Discussion, page-288
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