A hypothetical question whilst we await the SC...Say we go back...

A hypothetical question whilst we await the SC...
Say we go back 12 month to when TLG was ~$1.50 a share (i know it seems like a lifetime ago). What if the SC was actually efficient and said the Sami appeal had merit. Would the result of that decision mean a share price drop immediately to 45c (today's pricing)???

I am trying to get my head around if the current price is due to:

• baking in a negative response (or expectation of a negative response) from SC?
• current macroeconomics in the EV space?
• A reflection of 'no-news' from SC / TLG regarding permit?
• being hammered by shorters?
• The money dwindling in our coffers due to chronicity of this appeal?
• No news from TLG about other revenue options in our business?
• all of the above??
• Something i'm missing??

Say if SC does agree with the Sami appealants, do we drop heavily again? or are we already there?

If the SC dismisses the appeal, are we back to $1.50 in no time?

I'm a long term holder and a huge believer in TLG. I am certainly feeling the pinch. I'm trying to remain calm and objective, though the red % is rising!!

Interested to hear people's thoughts.
GLTAH DYOR NFA AIMHO