As much as I would love your future price target to come true, the reality is that the company would need to approach a valuation close to a billion dollars to achieve a market cap that supports a share price of $0.15. Going from a market cap of $30–40 million to nearly a billion in just 18 months is extremely unlikely. While many here enjoy dreaming big, we need to apply a little realism.
Future revenue streams will likely be absorbed in the near term to cover operating expenses (Opex) and capital expenditures (Capex). Although the company is making progress and may eventually become somewhat cash flow positive, it will take considerably more time than many realize. That said, there’s nothing wrong with the long-term potential here. However, suggesting a 2,000%+ increase in share price over 18 months is simply unrealistic—it’s not going to happen.
The only way we could see the share price jump from $0.007 to $0.15 in under 18 months would be through a consolidation, which most of us would hate.
Regardless, the future does look promising, and there is realistic potential for a 100–300% increase in the next 12 months. That, I believe, is a more achievable outlook.
In saying that, anything can happen, global markets are subject to sever volatility moving into 2025 IMO.
IXR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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