RE:RE:Mark miss3 years to production, less for refining phosphate for batteries according to another person on this forum.
This is much more an acquisition or a big player participation play now. Especially considering the big miners have been actively building their operations portfolios outside fossil recently.
Applying conservative valuation ratio using the % of NPV and first year EBITDA production methods, leads us to between $1.75 and $2.25 per share valuation: that’s what the stock is worth right now applying conservative ratios commonly observed for other similar stocks at similar project stages.
If the un-rational valuations that we see in other electrical vehicles stocks hit Arianne, who know where it can go..