If you think AVZ's market cap is too high and not sustainable, do you know in Jan 2018 it was standing at around $630million market cap? Do you see what the market is capable of doing by looking at CPH? 10 times within a week. You only see CPH's glory now, but do you know it was cast away by the market not long ago and dropped out of top 5 pot stock and not even in top 20 pot stocks before this run? Value will be eventually back to what it supposed to be and it may only take days.
On Jan 2018
*Electric car was a dream. The market was still uncertain about electrifying the car industry, only Tesla and a few Chinese company struggled and worried about insolvency.
*The forecast lithium demand was only lineal while now is geometric
*AVZ only had drilling results, nothing else
*AVZ still had the bombs on board, Klaus, AG, ML
*DRC is not as stable as right now, Ebola, political environment were still problem.
Yes, other lithium options are out there, but the value is far not as good as AVZ. The market not reflects the value right now, doesn't mean it will not in days, weeks, or months. Look at CPH, it only take days.
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