LCE prices would have to be at least USD 35,000 for a prolong...

LCE prices would have to be at least USD 35,000 for a prolong period and HMW must already be producing 20ktpa to get anywhere close to AUD 2 sp.... AUD 8 is impossible even with inflation adjustment... unless High Inflation sets in to the USD which will in turn lower the FX rate USDAUD...

AUD 0.30-0.50 might be a more sensible target up to 2030 with these clowns in the management...

I sure hope take over at USD 300mil~USD 350mil @ FX 0.65 AUDUSD comes in 2026. Unless there's a change to a better management team I'll stay put...

If somehow HMW gets funded for Phase 2 without dilution (100% Financed) USD 600mil to USD 800mil take over price is sensible if LCE prices goes back to USD 15,000 per tonne LCE. Again with these clowns in the management I highly doubt they can do it....

AIMHO. GLTAH. DYOR.