Well I wouldn’t go that far. There are heaps of variables in play REE pricing could go gangbusters, the recycling business might get accelerated with the grants and interest from Ford etc.
Even if we do end up with 5bil SOI and MC get to $1B and you invested now you would be looking at around 9 to 10 times return which is awesome.
Obviously there are also heaps of risks on the flip side as with all explorers.
The point i was trying to make is that a lot of people got excited at 5c +when we were pumping and for those holders returns could be limited especially as dilution increases.
Ann: Application for quotation of securities - IXR, page-10
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