RE:RE:RE:RE:RE:L2
LOL...i guess you were thinking more like $3 ;)
Seriously though -- a derisked lithium operation that has an NPV of ~$750m at lower lithium and spudomene prices....at $2.50 we will have a value of ~$450m. I think it is reasonable...is it $2.30 or $2.70....debatable and too much in the weeds for me.
Most who have been around here for a long while have the sense that once the project is permitted the JV will follow very shortly after -- you have to believe that Mgmt and the Board are putting the JV in place today and not waiting until after permits to negotiate.
All that said - everyone is intitled to their opinion. If I thought it was much less than $2.50 not sure I would stick around at this point....