RE:RE:valuationFirstly I haven't posted on here until now but have owned this stock many years before Haber answered questions using a pop can as a prop at the AGM a few years ago.
I think your valuation formula is correct but some things that have to be taken into consideration is the probable near future upward trend of resource pricing as the market tightens predicted by many reputable experts. We also have to take into consideration a possible resource increase as the company explores in and around the Rose deposit.
I think considering the near and future outlook on Lithium Haber and his former colleauges would have many employment options but have chosen this company to place their time and effort. The latest addition of Zaunscherb a highly respected former mining analyst has also built credibility and expertise into the company.
The new president has listed a green energy future as priority number one and the Quebec provincial government has also made bold statements about their involvement.
The future is looking very bright indeed.