RE:RE:RE:Spodumeme priceIt does make some sense, but there so many variables that determine a SP that looking at NPV only and applying logic will not warranty a calculated outcome of the SP
Rock Tech lithium have a NPV of 310 million and about 60 million shares (78 million fully dilluted). They have no feasibility study (PEA only ) and no permits. Last time I checked their SP was around 8.15 $. So their market value is 155% above trheir NPV !!!!
A couple of years ago I would have said that at a VERY advanced stage ( not like Rock Tech) a junior might have a market value of 50 or 60 % of their NPV.
If we use a rule of three, with the same "ratio" as Rock Tech then our SP could be worth would be at 6.20$.
You probably noticed that Rocl Tech has a "Talent" for promoting their play. Experts could tell you that their Germany project is but a dream. But Lithium is hot and advertizing that you will supply Hydroxide for all Europe caught the attention of many.
And to finish, if we consider that the overpriced Rock Tech is taking in account the lithium prices had doubled in a year then YES your forecast at 6 to dollars could be right.