Market cap at IPO price is $12m. Raised $4.5m So enterprise value approx $7.5m at IPO 3¢ ..... They are slated to commence drilling Apollo in December as I recall at the same time as LLI is at Trieste, James Bay but with possibly better prospects. If Trieste drill intervals are good, and out before LU7's, then we get a huge rerate into new highs. But expect new highs before then Iggy Tan steered Greenbush and Mt Caitlin and Hydroxide plant in China... that unparalleled experience sets them up do mergers and acquisitions with companies lacking any project development capability yet sitting on Li resources. Its early days,,, the risk/reward is very favourable here
