it’d be tough for the majority of holders to turn down at $1...

it’d be tough for the majority of holders to turn down at $1 unfortunately. I’d vote no, we now sit at a market cap slightly above our projected annual earnings. Production for FYI is also far closer (in both time and funding measures) than the majority of lithium speccies sitting at many multiples of projected earnings - many haven’t even completed a DFS.

we’re at the mercy of share price momentum, poor management comms and severe macro uncertainty but the value is astounding right now if FYI succeeds in this project. Very conservative estimates of around 8x from here if we are to get to production and consider the additional streams not yet projected in our DFS.

I topped up last time we hit 28c and did so again today. To me at this valuation the biggest risk is short term macro, with massive upside and financial stability very much outweighing it in medium term and beyond. I’ve got time on my side so will happily accumulate and sit on this one.