That is the real point that the two dumb poster missing out is that it is the current price of commodity that works out value you pay for the royalty not what you could get in future because lithium or any other commodity unless they are base metal can be replaced over time by alternative or technological change make them less attractive in future so no point paying premium now but it is the correct time to get 50% discount on valuation due to deteriorating lithium price and if trident don't sell then let them stick it to their As** as there are many other opportunity that will come in future.
It is not surprising Warren buffet sit on $140b worth of cash and not running out and buying at massive premium ! This board is just made the worst possible decision in current time as no one knows what's in the future. they should be probably resign and move on.
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Ann: Recommended Cash Offer to Acquire Trident Royalties Plc, page-35
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