you all invested in a high risk stock - anything pre IPO comes with zero protection and zero guarantees (pre IPO in an unproven tech field in a mineral whose price is currently unstable - can’t get more risky)
it’s high stakes. If it comes in a winner, you win big. If not, you potentially lose all.
if you don’t like the odds, you shouldn’t be investing in this end - buy some Wesfarmers to get your lithium exposure with a high dose of security.
until then, we’re all at the races and have put our cash on the nose of a $200-1 outsider