LYC reached ATH of about $12 in late 2021. That corresponds to a...

LYC reached ATH of about $12 in late 2021. That corresponds to a MC of $12B. So for a SP of $20 that would correspond to a MC of ($20 x 933,815,477) $18B. And for a SP of $25 that would imply a MC of $23B. That may be a a pie-in-the-sky valuation. But who saw the war in Ukraine coming? Certainly not the thousands that fled to neighbouring countries or have gone to Bali (yes, I met them there!). And now, there are chatters of the next war involving China and Taiwan. When the first bullet is fired, prices for REE will only move in one direction. That's my view. Make that what you will.

GLTA

I got the SIO figure from Stocktrack.