Basically within the next ~12 months we are looking at PFS, off take agreement or MOU, then DFS before the end of 2021. We will no doubt get further boosts similar to today's due to external news along the way. Based on this I'd say the largest increase will come over the next year, then more steady growth after that with progress reports on additional plants, increase in lithium price etc.
I'm happy to have an absolute stab in the dark and say, with all things going smoothly and a good DFS out I'd be hoping for a MC of 1-2bn, or ~5-10 times today's price. With so many variables it's literally just guess work at the moment however I think we can all agree it will be well north of where we are now.
The PFS will at least give us some metrics to throw around and have a chat about which will take a little of the conjecture out of it all.
Basically within the next ~12 months we are looking at PFS, off...
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