This thing had been so tightly bound for so long, IMO I think we'll go past 3 when it moves. When we have the Trinity of permits, offtakes, financing I would be hoping for 1.5-2B MC. So maybe $3.50-$5.50 range.
Even in current macro market, similar stage lithium companies have been hitting that. And in an inflationary environment, investing in resource backed by cheap government loans (hopefully) is better than a lot of other options (my opinion, not advice). And I know talga is doing a great job of becoming a technology company rather than just a resource company, but it main input is still a raw material that we extract ourselves.
The big bonus we may get this year that I'm excited about is the silicone additives. It's already going through qualification with customers, if we got an LoI/MoU or other outtake agreement for silicone, I could see that alone adding a few hundred million to our market cap. IE as much as what our entire market cap has been for most of the past 2 years. It's an entirely new product line for us, providing new value to customers, but leveraging off all the work that's already been done for Tal-C. IMO it will add significant value.