Delta5
Just to state the obvious, a $2 share price will as you say be around $360 million market cap.
'That' is around the current market cap for FMS taking into account that FMS just received their PFS only 'days ago'
We are weeks away as we know from the PFS.
So in a nutshell what this means is all things being equal PLV with a faster time to production 'and' financial backing and minimal debt should at least be around $2 share price as it would be well ahead of the FMS game.
Fair call folks?
And..
Lets just put the Intersuisse figures into perspective (as much as I like refering to Intersuisse reports inparticular)
Their numbers were CONSERVATIVE IN THE EXTREME regarding price of iron ore.
The actual $$$ 'should' be more based on the current spot being well in excess of double those ($83T) figures.
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