As with all exploration plays they are multi year holds, if they can develop and perfect their new processing plant for lithium then it should hit the multi dollar range late next year, if a buy out happens it could bring a 500% gain before years end. If they develop their reserves and sell directly to Tesla's battery factory you should see $20 to $30 in about 5 years, and could continue for up to a 20 year mine life.
This stock should not be considered a momentum play or a quick flip, the volume and the sector dynamics are not there right now, Buy it, and forget it. The value is there to make this investment grade, just early to the party.
(In my opinion)