RE:RE:+21.75% HOU It seems to me that 4$ In 2023 is a very realistic target price because NMG will produce up to the third transformation of the graphite so very more profitable add valued products than just the mineral itself from the mine. Usually in Canada after the second will sell to transform somewhere else in the USA... In 2023, the price market will reflect the potential market for the next 2-5 years and that is the key here by 2024-25 EV vehicles should be at the same price than combustion fossil vehicles. So nobody knows the graphite demand by then but the projections bring the possibility of a shortage by 2023. If everything goes as planned NMG could be in a strong position to become a leader in the industry. There is a possibility that NMG start to search new or make acquisitions of other graphite deposits in Canada by 2025. They have the land to expand their transformation operations in Bcancour by a lot to transform graphite from other deposits in Canada. The Quebec gourvement wants to develop a responsable Green batteries industry and their have the hydroelectricity infrastructure to support it. In conclusion, I'm not an expert but I think the potential is definitely there but hard to evaluate. In the short term, we have to watch the Quebec exploration permit by Christmas and may be a deal with a major battery car maker by the end of 2021 and this deal agreement will tell the profitability.