$1.90 SPMTlong-term is not unreasonable at all...
I think given
1) the spin out
2) land asset value
3) potential based on proximity to high value targets
4) SPMT being bought out by a big name in mining ie AMEX or any other mine near by or
5) the potential development of SPMT becoming a clay supplier for Tesla, this could easily be at $2.00+ by the end of this year early next year...
The key is going to be in mineral and clay deposit discoveries...
Yes we are rolling the dice by invesing now, but the risk to reward ratio based on the aformentioned facts stacks the potential reward reasonably in our favour...
GSTA THE LONGS