Hi,
The 10 cent value was probably when the Li hype was in full swing and the company was actually near zero value - there were no holes in the ground and there as no real basis for the share price hitting 12 cents. In my opinion it just got caught up in the Li hype. The 10 cent valuation only applies fairly recently after the JORC results came in at Mount York. I realise your comment was probably tongue in cheek, but a calculator will not suffice for doing a valuation.
It's getting late for me now, but I will try to answer this more fully for you later.
Cheers for now and I hope you have a nice Christmas.
Hi, The 10 cent value was probably when the Li hype was in full...
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