33m market cap, not 19m***
Either way, with mining operations about to take place, this should be at least a market cap of $200m - $300m. Once operations start and a steady inflow is coming, easily a market cap of $600-800m.
At the current SP that would equate to:
Market Cap: 250-300m @ 254,700,000 = SP of $0.98 - $1.17 (750% - 900% gain @ current SP)
Market Cap: 600-800m @ 300,000,000 (factoring in a large cap rasing) = SP of $2 - $2.66 (1538% - 2046% gain @ current SP)
Ann: Mining Approvals Obtained for C4 Iron Ore Deposit, page-24
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Mkt cap ! $28.90M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300000 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 23062 | 1 |
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