RE:why such an up swingWe hit the low 50c because of unsuccesfull drilling results. That was, however, a complete over reaktion of the market. We are now on our way back to the $1 level. Only this way back was interrupted by the CR at 60c level. But that was dealt with quickly. I now expect this to go back rather quickly to the $1 level. So you can wait for the 55c but I am pretty sure you will be waiting an aweful long time....
According to my understanding of the Lithium market PE will be worth 600m$. At the current amount of shares that is about $9. Of course there will be significant dilution due to having to build the processing plant but the up side potential is enormous. But you will have to be patient......