The average shell is worth $2M to $3M
CAV Is a shell with Klaus possibly involved.
It's current MC is $8M just on the chance Klaus may assist finding a new resource in future.
AVZ is sitting currently at $17M (will be more after EGM) and could be sitting on the world's biggest Lithium resource by far. Not a pure hopeful like many but with historical data to backup that potential.
My opinion is it is just ridiculously cheap even with the risks involved.
..that does not mean there are not risks....but hey, when it could be equal to 2 or 3 Greenbushes...even on the possibility.
It's more a matter for me of finding a position where I'm comfortable with the exposure and associated risk.