If you're going to compare apples and oranges at least be...

If you're going to compare apples and oranges at least be transparent about it.

You quietly omitted the fact that LPI has, since the start of this year, been embroiled in a legal battle that put into questions their ability to produce anything with their resource. This legal battle, and probably other factors, has led to an over 50% decline in SP since Nov 17. Chile, where LPI is located, is a much less favorable environment than Argentina.

NLC.CVE has a market cap of ~$140mln CAD (and EV of ~$90mln using most recent financial statement March 31, 2018) - it has declined 50% since the start of this year. As to the recent decline, there is probably a myriad of factors, I would have to do some research.

Both companies have been valued at almost double their current value based upon the discovery of their respective resources. Each has their own unique set of problems and do not offer fair direct comparisons. If we are going to play this game. If DMI were to prove a resource similar to any of the above (which is entirely possible) then a market cap of $100mln - $280mln is easily possible in the near future. Don't forget LPI's location would lead investors to discount the stock for the perceived risk.