maybe you are right. however market does not wait for a company to become cashflow positive before rerating in value. look at the lithium/cobalt/medical marijuana the past 18 months.... no income in the beginning, nor in the immediate future. AUZ .008cents to 14cents with no income.... AJM 1.8cents-50cents.... no income... QBL .005cents-11cents.... and so on. I think once MED do become cashflow positive the SP would have already rerated according to demand and sentiment... until that time we wait...
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