Ann: Patriot Battery Metals Commences Trading on the ASX, page-533

~$1B market cap is probably fair price, not very cheap.
According to the drilling results to date, the deposit size is definitely world class.
BTW, hard rock deposit size does matter as it can be expanded massively like Greenbushes to 9.5Mtpa processing capacity. Rule of thumb, about 40-50% of the defined resource is minable, so the bigger hard rock deposit, the higher valuation will be given. But for brine deposits, over 1Mt LCE is not much for valuation upside as most brine productions are around 20ktpa -40ktpa, very hard to expand annual capacity, imo.