*Yes i know no one on earth is going to be buying 26m tons...

*Yes i know no one on earth is going to be buying 26m tons Rutile in 1 sitting.
*Yes i know that 20X dilution is unrealistic, as you could ramp up, using mine profits instead of having to get new investors.
*Yes i know the graphite is not bottom grade and is worth more
*Yes i know this is duel listed in UK.
*Yes i know it will take 1-5 years to get a decent plant going there

All that being said, would anyone like to comment about the dynamics of stock prices (market caps) VS mineral deposit values?

Maybe i am fundamentally off the mark. But I expected that the shares Market cap would be worth some percentage of the Mineral deposit's value. (And yes i know 1.16% technically is a percentage. But i was expecting a percentage more like 20% or something)

Maybe an answer like this would be fantastic:
"I know stock ABC, They also had an easily accessible deposit of a currently scarce material. And their market cap hovered closer to around 50% of their mineral deposit's value" So indeed this current situation is strange"

Or an answer like
"No dude you are way off, With mining events that are like 5 years off, you are lucky that the market cap is as high as it is today"