No problem Paul. Here the bubbles are placed on the x axis based...

No problem Paul. Here the bubbles are placed on the x axis based on the "kg of LCE per dollar invested" - keep in mind this is actually M&I divided by EV (not the other way around like you stated but hopefully this is what you meant) - technically I should probably use MC rather than EV as any cash on the books becomes dilutive when considering resource bang for your buck - but I've leave this for another day. The size of the bubbles reflect M&I LCE as per the legend in the top right corner, on a prorated basis. Again, the x axis is on a logarithmic scale (to make it easier to fit everything in) which is slightly deceptive as the difference between the "value" as you move from left to right is larger than what it appears in the chart - i.e. every vertical grid line as you move from left to right represents a doubling of bang for your buck which is not what the typical reader will understand at 1st glance.


Here is the same chart but with a linear scale. It's a bit squishy but it's actually not too bad. However, I have had to really cut down the information contained in the labels. In this version you can really see how far LPI and GLN are ahead of the market in terms of bang for your buck of high grade resource. The slightly transparent (faded) bubbles in the middle show what the market is willing to pay for these assets in terms of M&A activity - which is basically 4 times what we are currently valued at on the ASX (i.e. Galaxy, Rincon, and Neo were hovering around 4 to 5 kg of LCE per dollar whereas Galan is currently at 16kg per dollar - and set to expand further).

Let me know if you want me to try anything else.