"what could be a long term potential market cap value?"
My Guestimates below
Good Rock chip and sampling results 15-30 m MC - ie conformation of Field visuals Li2O 1-3% if high grade spod.
( personally i don't know why they just don't run a few aircore holes across the pegs with the identified Spodumene at the same time as Auger and soils, Seems like they found what they need - Pegs with Spod)
Drilling these Pegs - defining a 10-20mil tone resource in a few pegs with mineralization close to surface 50-80m MC
Mining a 10 m ton RESERVE (1mtpa operation) -~500-700m MC
Mining a 50 m ton RESERVE (2-5mtpa operation) ` 2-5B MC
"what could be a long term potential market cap value?"My...
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