look at the valuations of similar companies who are in early...

look at the valuations of similar companies who are in early stages, Vulcan is one example starting with cents and now look at it

this is a 11m market cap micro player with a business case that’s running in $$ billions over 80 years based on a pre-feasibility study not a gut feel that too for a renewable energy product not a coal mine. They road is going to be full of challenges as they need funding close to $1b but they do have control over the asset and have a study backing the feasibility, surely there would be interest from other players and local authorities too

this will rocket on opening imho