Can someone please help me out. It maybe good for others to see...

Can someone please help me out. It maybe good for others to see also. My brain cells have stopped.
Trying to understand the minds of banks valuations.

Pls has a market cap of 1b. Great wall and ganfeng bought around the current price.
Gw at 55c,  ganfeng recently 64c Posco at 90c.

Ajm currently 244m including 170m debt. So valuation 400m. A chinese battery maker just bought a 12% stake at current price.

A40 just saw Jiante, a converter and AC/DC motor manufacturer buy 5%, value the company at 200m.

Ore is 740m. Toyota value it at 2b.

Pll no mines/ no production 110m.

Gln four drill holes 24m.

Gxy currently at 500m. If the cash pile has fallen to 180m us (250m aud). The total value is 250m. Lets say the sales doesn't reach 200kt for the year. Does it justify the banks valuation? Lets pretend the Chinese have decided to gang up against gxy. They decide to pay only 600-650/k and only take 150kt. How does this justify the banks valuation target so low? The company is making profit. They are spending capex.

Who's right? The chinese, Japanese, Korean or the banks. The converters, cathode maker and car manufacturer valuations are all above the banks.

Thanks in advance if anyone put something forward.

@Wary 1, sorry don't have BODs email address.