RE:RE:RE:RE:RE:RE:RE:NOT OVERSOLD!!!! STILL CRASHING!!!
Loosely, It is baked into the # of shares outstanding. Before the capital financing agreements, I believe they had about ~60M outstanding. Once they were re-caped, shares were issued, where the funding came in, shares went out.
Again, at these levels, you can definitely make an arguement for fully valued. And the added sell of in LAC seems to be supporting this arguement.
With that said, you should also look at a stock/company not only what it is currently doing, but what it will do. 50/50 present/future.
Personally, I have been following this company for 4 years, they have come along way. The fact that anaylst, and funds are picking it up means something.
Eventually, I believe this will be bought, and intergrated into a larger whole, could be SQM, could be China, could be EV auto maker.
This SA mine is the TRIAL RUN. If they produce 50k effectively in the next 2 - 5 years. The Nevada mine, well, thats the boom....remember when Houston/Texas through during the Oil Boom....Lithium has the potential to be that, an modern age energy boom.
We currently live in a world where 50% oil market share use belongs to road vechiles. Oil demand will continue to grow at 2% yr. But the EV market will squeeze away some of that road vechile energy year by year as well.