I've no real expertise....but $20M is probably about right (if not already a bit overpriced) given where they are up to - ie. theyve done nothing yet other than a single soil test that returned good results....but they probably already knew that anyway which is why Lith Aust sat on this for ages.
The Lind investment is the main catalyst for the upswing presently.
Good thing is $20M is still small, so still huge amount of room for upside
Ann: Charger Unveils New Lithium Target at Lake Johnston, page-61
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