Combined market cap of 5EA and FEAM, is approx. $330 million. A...

Combined market cap of 5EA and FEAM, is approx. $330 million.
A new plant just built worth $70m and $30m is cash, leaves the deposit valued at $230 million. Not to mention we are arguably only weeks away from production in both the boron and Lithium space. Assuming the EPA approval is not far away. Surely the whole thing hinges on the funding of the larger scale plant and how that is achieved. If they achieve what they are saying and deliver it in a non dilutive way (government + customer contribution), this surely will get a re-rate. Clearly the market has no confidence in management delivering on their plans. And there wouldn't be many shareholders who haven't got some doubt given some of the own goals kicked in the last 9 months.