Realistic Valuation going forward, page-9

I hate to point out the obvious but current market valuation of NXR is 7.1c. Any future valuations or time frames are speculative. The closest benchmark we have is the market value of other comparable companies at similar stages of development, the average of which is $45 mill. Fully diluted at 51% ownership gives an sp of circa 9c. Low and behold that is what we have been oscillating around for a while now, give or take a few spikes and ebbs. Talk of higher sp's will require a projection of future earnings, of which there are none at this stage. Without this critical piece of information any higher valuations are pure conjecture. Hopefully that will change soon and i hold accordingly in anticipation. Until then ladies and gents, trade the market you see, not what you want to see. My opinion only of course.

Cheers,