I'm sorry, I just don't see nearly a 140m market cap on nothing but visuals as sustainable. If backed up by drilling results with assays incoming, sure. I can think of peers with actual JORC close to that.
I would be fully exiting if it did get that high, not saying it's impossible because I don't underestimate the power of a good old asx pump but I operate on fundamentals and just can't justify it at that MC (without further news flow). It's even questionable where it is now. Just look at what happened with SLM on hype over lithium (and I like SLM).
A company can be good and doing everything right but run way ahead of where it should be fundamentally I guess is what I'm saying. Either way I'm happy if it goes up or down from here, what's most important is the strong fundamentals and long term view.
Appreciate your rebuttal
Ann: Spodumene Pegmatites Discovered at Trieste Lithium Project, page-215
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