There are plenty of trap companies with rubbish geology that...

There are plenty of trap companies with rubbish geology that will never make it to production but still have high valuations, so be careful what you hear and only trust the numbers.

MTC's Cancet Lithium results (scaled back to equivalent typical grade for peer comparison because the grades are very high and rare):

55.5m at 1.2% (18.00m @ 3.7%) from only 8m deep
51m at 1.2% (18m at 3.14%)
40m at 1.2% (21.46m at 2.24%)
29m at 1.2% (17m at 2.06%)
26.9m at 1.2% (11.02m at 2.93%)
24.1m at 1.2% (15.88m at 1.82%)
20.2m at 1.2% (6.25m at 3.88%)
22.25m at 1.2% (10m at 2.67%)

All with ~300PPM Tantalum.

Plus there's 8 other lithium projects, many adjacent to massive deposits (such as this one extending from Nemaska's $670M one), and many with very high grade surface sampling results (you can find them in older announcements).

There are also 3 Cobalt/Silver/Nickel/Copper/Gold projects with historic production/geological results which are being drilled consecutively as we speak (The first should be done in about a week) . Here's 1 of those 3:


And it's all for a $8M fully diluted market cap at these prices.
A Chinese partner paid 18c/$1.8M to take a 10% stake in the company last year, meaning they valued it at $18M after extensive due diligence.