But am I right in saying they have about double the resource...

But am I right in saying they have about double the resource size but 8x the market cap? If so, that supports my point - I have no doubt that our SP would be sliding if we were also producing, but I also think our SP would be at a much higher level - no way we stay at a market cap of $45mil if we start mining. Again, I have no doubt that even if we went up to $200m market cap, it would be sliding as it is now until market sentiment and the lithium price turns around, but the SP would be much higher as it is with AJM. Correct me if i’m wrong, but their SP is still much higher than it was pre-production?

I just don’t think our SP would at all be this low if we had offtake and leases and we’re producing, as this would mean cash flow which we currently don’t have.