This question is interesting as it depends what you mean by...

This question is interesting as it depends what you mean by evolve.
Realistically I think will take 10 years to evolve to that size, commercialisation is a long process. Unless they get NZ hits/licences and Novo come in and buy some newly discovered Pilbara assets off them, then maybe 4-5 years.
To trade at that level is completely different, I wouldn't be surprised if we hit that valuation within the next year for a couple of days or so. Think about it this way, others invest in things that have no fundamental value like NFTs. I think its within the realms of possibility that this gets speculative rushes every now and again for one simple reason - the profits are tax free, unlike the other things speculators like. Is that a good reason in my opinion to invest in this? Heck no, but to each his own.