base forming, page-9

nevcop stop playing with my mind,lol.
look at this example:
Marree Project:
lets say we start off with $100
30% of $100 is $30 goes to MXR
this then leaves $70 goes to ERO

ERO stock:
lets say we start off with $500
But we need to subtract $100 as you can't include it twice. Leaves $400.
35.4% of $400 is $141.60 goes to MXR
this then leaves $258.40 goes to ERO

Totals
MXR: $30+$141.60 = $171.60
ERO: $70+$258.40 = $328.40
this gives a ratio of 1 to 1.9
Now a quick check of the market caps of ERO and MXR
$35.2m to $19.4m also gives a ratio of approx. 1.9
So the market has got it right! I think!
Shame they're both tanking today though.
cheers
orga