$4 is only a mrkt cap of 632mill. This is tiny for this company. The only thing holding this back is consistent qrt on qrt of profits. Plus deliver the 120k0z ramp up.
i expext stock to rise to around 450mill, possibly a cap raise of part cash part shares about 50mill.
this leaves room for the price to run up to $1500mill mrkt cap. Total rise is 450/158 = 2.84, then approx 3x for stage2. A stock price of 7 to 8 dollars is reasonable for a 280k0z mine. The mkt cap is then in line with the market. Current market cap is out of whack.
WMC Price at posting:
$1.15 Sentiment: Buy Disclosure: Held
