AGM, page-63

At the end of the day if we do the consolidation our share price would still be less than other lithium companies in production and we have more assets that are 100% owned.
The exception is Neometals but they are selling out.
Pilbara with around 1.3 bil on issue and nowhere near production will probably need to consolidate as well by the time they produce.
so looking at a share price post consolidation doesn't seem so unreasonable at around 2 dollars.