As the sheep value the EV / MRE at less than 1....(value is not...

As the sheep value the EV / MRE at less than 1....(value is not really whats occurring, its a state of irrational disconnect, a view of the bridge over the ravine covered in fog, and someone whispered that the bridge is out)

You have to decide whether you are betting on the company delivering a ripen asset in Tier 1 jurisdiction suitable for guarantee of supply to an OEM / develop supply for hub to same.

Or whether you are just staring at the sheeps backside in front of you, as you both go off the cliff.

Has the company proven itself on a pathway of discovery ? Has it been prudent stewards of the capital and the register ? Is that asset in the right location ?No environmental road blocks ? economic advantages lined up ? if the western world still wanting lithium ? EVs and Storage ? it will need a growing supply independent of the china trade market, and bet on the company playing a part in that.

The prize is not attached to the sheeps backside in front of you, but on the deliverables to the industry.