NPV vs Increasing Market Cap, page-3

A tenth of the value of what's in the ground, puts us at a value of $8bn once producing (rough figures, I'm squiffy in London).

So their deliberately nonsensical NPV is totally misleading, and smart investors know the real value.

The company already has half the $ required to start mining, which they raised, without even trying. They can raise the other half, at next to no detriment to investors.

They can supply EVERY lithium requirement, chem or tech grade. The prices of which have doubled in the last 6 months.

They are a PRIME candidate for a buyout, before a spade has hit the dirt, so to speak.

So, most people who really understand where we are, and what we have in the ground, realise there's still a probable 5 - 10 x upside, even from here. It may take a few years for that, but it's on the cards.

Yes, it makes me cringe seeing the $1 by Xmas posts, as it does most investors who've been around the block, but this is the real deal.

I've sat on this stock since 4c, but then again, I was lucky to follow a few people and have a geo / business background.

BUT - weigh in the fact that now every man and his dog explorer, are looking for spodumene, globally, so adjust your sights down accordingly.

My guess is this will run well over $1 in the next 6 months. The project is 95% derisked as far as I'm concerned.