Indeed. That is just hyped that about the future, high growth stock and potential money they are bringing in. There was a time when people were looking for a PE under 20 or 25.
Ganfeng is currently valued at 40B (of course with bigger operation) and we are only $845M. So MC wise they are 47x and assuming we are equal, SP would be $7.xx
I know we are heading for $.50 lol. But it would be super awesome to see $2-3, afterall that would be only half of Ganfeng.