Here in the US most equities are extremely over priced. In...

Here in the US most equities are extremely over priced. In considering the valuation of Redwood Materials, this is the lens I look through.

Outside of Crux Investor there is very little exposure to Neometals here in the States. Crux originates in the UK and many members are not here in the US. Even on the small cap mining forums NMT is rarely mentioned. I lucked out by finding NMT. So it is hard to compare the market cap of NMT to Redwood.

IMO, having an ADR (American Depository Receipt) listing here in the US would quickly result in that $1B market cap. Many investors do not trade on foreign exchanges and the OTC listing of NMT lacks liquidity. IRA retirement accounts don't allow trading on foreign exchanges.

It isn't that difficult for most metals investors to get their head around the combination of battery recycling, titanium, lithium, and vanadium rolled into one company. I don't think this keeps people from investing in NMT.

The two largest equity holding I have are NMT and WHC; both are Australian companies. Most US companies are ridiculously priced.