This is what happened last year.
When we entered the ASX200, and have been played with ever since.
We shot up, got buried, then shot up again.
What's changed ? Well, NAL has been valued higher, Moblan expanded, we are looking at downstream processing. All positive.
And yet here we are, with a valuation currently of just over $1B valuation.
Now go work out the figures. Sell half our spod to PLL for 900/tonne, and the other half for market (say 3000/t conservatively).
It doesn't take long to get to $1 billion.
And that's just NAL pumping out spod. No other assets. No other income.
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