ReplyI hope all is well an thank you for your question.
Like you, we are a bit disappointed that the stock did not go higher on the long-awaited permit news. We are doing everything we can to get the message across and meeting as many interested parties as possible to achieve that target.
But as we have discussed before, management is focusing their effort on things that we can control. Meeting as many potential investors is one of them. But mostly advancing and de-risking the project is where we believe we can add the most value and that is what we continue to do.
As for the share price, I would refer you to the tables on page 22 and 23 of the attached report. You will be able to notice that within the universe of about 75 related companies that this analyst (Cole McGill) included in his comp table, only one company had a better performance (96% vs 47%) on a year-to-date basis. That is SQM and as you know they are a large producer and benefiting from the current high prices for lithium.
We know that you can find a few companies that have a larger market cap than ours. But as said, we will continue to advance the project and make every effort that the market takes notice.
I hope that helps. Kindly,
Patrick