Expectations of SP on listing, page-218

good point, that all needs to be flushed out, and doesnt represent a valuation..only a discount opportunity of exposure of a quality asset group, in a great jurisdiction. Flippers are taking the money for jam. Got them free, so flip them. While the IPO flippers who are short termers, will take some profit, and others stay.

Valuation, is about peers, and speculation of the great prospects we sit on.
For a 20m EV, and cashed up, if you want a seat on great grades and exploration on additional pegmatites in the region, i'll take that bet, that the same can be found in the next big rocks we drill. Accumulate a large multi asset lithium resource base, and develop or get taken over.

The peers that are ahead of us, light the way for our value. Simple.