Even some junk companies out there have MC of $30m.... and this is in Sweden, low sovereign risk, world class neighbours, nearby infrastructure, the lot.
On the flip side, traders and ST investors IMO won't get into this until close to production, say, mid 2012 - as there should be at least a couple of CR before production commences. That said, it's still a damn appealing investment.
MGO (Morengo) if I recall correctly, has a MC of around $240m. Admittedly it has better deposits (as of now), and has Soros backing it, but the difference is insane.
Hmmmm I struggle to see how you can trade this jian lol... there's basically no volume and liquidity lol
can someone please sell , page-7
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