PEPR Decision Time, page-43

lol. let's hope it's NOT the latter, eh. What really gets my hopes up and clinging to this stock is this slide from the investor presentation:



so based on the above, at $36.4m market cap, a pound of RXM's copper in the ground was worth US0.008. As of today, the market cap is $22.4m (which includes, say, $4m in cash), so that same pound is worth only [(22.4)/36.4] x 0.008 = ~US0.0054 per lb. 

Other producers' copper is worth between $0.07 to $0.40 per lb of cooper in the ground (average of US$0.13/lb).

Even if we can get the bottom of the range, our market cap should increase 12.9 times (0.7/0.0054) which gives this company a theoretical market cap of $290m ($22.4 x 12.9) or $1.01 per share ($290m/287m shares on issue).

If we can get the average of the range, the market cap should increase 24x to $539m or $1.88 per share...

OR... it could just go to $h!t and it will be worth 2.5c per @CFDRaZor hahaha :,(