That's right bigdream
The valuation "assumes substantial dilution" which is mentioned on several occasions. Under the NFC funding package there will be possibly zero if management can strike a good deal for the 19.9% sale of the project. So this is why iMO management shouldn't be in a rush to finalise the funding until the POZ increases further to allow management greater leverage for the sale
Patience will maximise our return.
Still way undervalued relative to zinc price, page-18
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Mkt cap ! $6.770M | |||
| Open | High | Low | Value | Volume |
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