Some quick mafs - in 2018, Galaxy sold one Sal de Vida tenement to POSCO for USD$280M, for 2.54Mt LCE JORC total resource.
So, HMW, with 6.6Mt LCE should therefore be worth USD$727M in 2018 money, when LCE was roughly half what it's worth now.
So USD$1.5B in today's money - which in AUD this is $2.2B... for HMW alone!
And here we are with a MC of $328M...
The value gap here is staggering but I've already maxxed out my ability to purchase more - bring on the DFS!
All IMHO, GLTAH!
Ann: HMW Project Resource Increases to 6.6Mt LCE @ 880mg/l Li, page-6
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