DILUTION is what comes down the road after testing 8.7c the 52...

DILUTION is what comes down the road after testing 8.7c the 52 week low and then going down to the 100 month moving average in the 6s. Then it will sit around under 10c for months and months until the next CR is announced. You will have even more shares on issue then and your calculations you're doing now will make more sense - as to why they are too simplistic and wrong with the current SOI and share price. Dilution is the killer in the bust cycle. Current holders will suffer the worst of it. Seriously do your homework on CRs and dilution and you wont be so keen to argue. The money they have now will likely run out and then another CR is needed and even worse as the lithium prices keep dropping and taking lithium stocks down with them. Next boom is in 2-3 years. If you don't need the money until then - all good

Your problem is you think the good times will last forever. Never does. Sorry son