QPM 4.55% 4.2¢ queensland pacific metals limited

Please explain to me why ASM is $750m and QPM is only $150m...

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    Please explain to me why ASM is $750m and QPM is only $150m (last close)? QPM has LG Chem (Tesla) and Samsung, offtake, funding after tmw is done, and a project coming online in 2023 with NPV $4bn. I think the market caps and the respective codes need to be swamped.
 
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Mkt cap ! $84.52M
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4.5¢ 4.5¢ 4.0¢ $128.2K 3.084M

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Last trade - 12.02pm 07/05/2024 (20 minute delay) ?
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