RE:Piedmont vs CRE
In early Sept before the TSLA/Piedmont off take agreement was announced
Our market cap was 64 million
Piedmont's was 83 million.
Apparently a little off-take with a major OEM goes along way.
This is what has caused such a widening in our market caps over the last 4 months.
Yet Piedmont won't actually finish it's DFS on the mine and concentrator until mid 2021.
They also still need to finance the construction.