To be honest I don't know why calling 10c is such a bad thing.We...

To be honest I don't know why calling 10c is such a bad thing.

We have financing risk on our plate, definitely. Come mid year, hopefully the big discount factors will only be construction risk and commissioning risk.

The present spot price is ~$70 US dollars a kilo. Our DFS was done on $13. Granted, there is absolutely no way we are getting spot price on long term contracts, especially as the first little while of operations may produce less than grade output. But say we ended up getting $30 a kilo on P1 (not a lot of down side pressure on lithium prices even before a oil supply shock event like what's happening). That's about $200m profit on P1, super roughly? Equating to our present market cap. I feel like 3 times that market cap once financing risk disappears is pretty reasonable; even if we get 20 dollars a kilo it would still be reasonable. But it all hinges on finance so not counting my chickens till mid year. Just adding LPDOD when I can.