No problem , and thank you for you original question.
Just keep at the forefront of your thinking in this as to ' What got us here ' to these sorts of valuation matrices in the first place. And what will obviously continue to drive us further along. - ie the peer comparisons as well as NPV valuations and expectations. And so that thesis has not changed one bit. In fact it has been significantly de-risked even further in realizing and closing the ' Gap ' on these Industry peer comparative ' Discrepancies ' and ' differences ' .
So in that regards when you think we should be more reflecting an A $ 2 - 2.7 billion market cap trajectory - then we clearly have a lot more room to move don;t we.
So when you look back at those May figures , you will see that 12.0 was a feature of my calculations and extrapolations into the SP directions.
And so where did it virtually start its a final assault on the 14 - 14.5 cents level which I suggested in early July at the time of the SPP ( refer Lithiumburns shaming post which ridiculed my 14.0 and 17 - 18 cent call ) ......Well ....you will find that it was 12.0 cents right ? Which is where it closed on this price no less than 3 times out of the last 15 trading sessions.as well as a low of this price on another TWO trading sessions before like I said claiming the higher ' predicted ' price of 14.0 cents where is subsequently closed on 2 at this price on 2 occasions as well as 3 more at the 14.5 cent level.
If you refer to Lithiumburns ' famous ' 17th June ' LOL ' post which rejected my 12 - 15 cent price range and $700 million MC projections , you will see how that virtually fit nicely right into supporting these calls which were made virtually 6 weeks earlier and which were also proved out by hitting a high of 15.0 cent on also 3 of the last 15 trading sessions with one session closing at this price as well.
So coming complete circle here , there is a LOT more room in the NPV projections to support the 34 - 36 cent price estimates ......Which as I've previously stated several times before also strongly correlates with the ' Break Even ' ( not profit ) prices required for the switched on and profitable Quebec Government owned I.Q ( Investment Quebec ) to have then theoretically recouped ALL its remaining investment in this venture based on its ' leveraged ' $20 million of $1 dollar preferred stock issued.
So you can at least get a feel future reference as to how ALL these prices came together in almost a perfectly ' staged ' fashion. So keep you eyes on the prize mate .....and the prize is the phenomenal expected GROWTH in underlying project NPV.
(20min delay)