Honest truth is this company was overvalued prior to this...

Honest truth is this company was overvalued prior to this announcement. $100MC and they're only just releasing a scoping study?
Look at TNG - $4.7b NPV (calculated before V price skyrocketed) and paltry MC of $100m (same as KRC was yesterday). I bought into KRC in March before the big rise and am kicking myself I didn't sell at 4 bags, but when it's going up it's easy to get excited instead of looking at the full picture. I believe V will be the next lithium but I'm less convinced KRC is the viable contender - need someone with medium size resource and good grades that can build a plant quickly. No one I know quite fits that bill right now. Keep in mind TNG took 7 years or something to get where they are now as it is such a bit, complicated project. SP basically hasn't changed the whole time. 
I've never sold any shares yet as I believe in diversification (buy into the sector not the company and wait) but can't see KRC making a rise for a long time yet. TNG on the other hand finally seems to be gaining traction.