Don't worry, nobody else does either. Everyone has their own method. There is no 'correct' or tangible value at this time.
For me, in a situation like this, I start with the current share price as my guide. Its the only true current value. Its the average of what everybody thinks right now. The only price that matters. From that you can then add your own interpretations of what you think the various aspects of the business are. If you think it has great potential you can add whatever number you like. And buy. But if you think its a dud, you can subtract a number. And sell.
As I've said, I'm placing great faith in the exec team, - hopefully not misplaced.
At around six cents though its a pretty good spec, downside is six cents, upside is infinite. And with just 166m shares to trade, probably much less than that in reality, its an opportunity. Most spec shares have billions of shares on issue.
There is nothing like a very small share cap to light a fire if demand takes off.
Another plus is the volatility of bitcoin itself. I watch the price live continually, and its movements are sometimes dramatic, $10 change in a minute or so. It has gone up $12 while I've been writing this. Traders love that.
MEJ Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held
