I agree there are too many shares and too much liquidity in MLS, but at the end of the day market cap will reflect true value.
Good results at Lac Rainy or Manindi should see us close to 20M. Good results at both maybe into the 30's (SP 1.5-2c range). I figure that's the best we can hope for before the next CR.
Where we are at, page-62
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $16.72M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $20.80K | 925.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1135021 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 409667 | 1 |
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| MLS (ASX) Chart |