I am not looking at lines on charts ..... 40m odd Mkt cap is...

I am not looking at lines on charts ..... 40m odd Mkt cap is small fry for a proven resource!
IMV the there is still sense of is this "Too good to be true" which really contains a few inherent questions including:
1. Is the resource real?
2. Is the market price of the 99.99% HPA real at ($20,000 / tonne),
3. Can IPT turn the Ore into four 9's purity HPA? (industrial process)

In my view, the first question has been answered in today's announcement by an independent party.
The second is a matter for the market - but it would be silly to mis-quote a price, and even if future prodn elsewhere halves the price .....
So I think this all hinges on question 3? and pre-feasibility study!
$16b potential revenue over its lifetime is pretty good value for 40 m Mkt Cap today - I see lots of upside!
Without getting silly about comparisons .....If my basic math is correct DEG has approx $26.6b in potential revenue but also has to dig out about 400m depth of ore to extract it, and loads of cash to fund its development! GLTAH!