I guess work it out this way (Rough Calculations)
CHN $60M MC pre Julimar. (About 2 years ago)
VMS $70M MC pre Thor.
If worked out the same way, as VMS has other great assets as CHN did and based on MC.
CHN $2.8B MC after Julimar MRE has been as high as $3.6B on initial MRE announcement.
VMS MC should see $1B seeing as we will only have 30% of it, less any negatives that may go along with it, so I don’t believe it’s silly to think we should see a realistic SP of .50 - .80 in our near future, as long as Thor is an actual Julimar Lookalike.
GLTAH
DYOR
Thoughts on what will happen if Thor is the next Julimar?, page-2
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