Well she went down this morning so maybe the profit takers came in then? Time to move back up? :D
Post Northwest Hydrovarbons, Cydonia Resources, Surat Resources acquisitions and the 4 million dollar capital raising we will have 846 million shares on list.
Market cap will be sitting at 48 odd million based off the shares.
Even if we base it off a fully diluted market cap with all shares, options and unlisted options all on the market we would have around 1.48 billion shares.
Current fully diluted market cap of 84 million dollars. Still very cheap based on what they have. Thats just my opinion though..some would think its expensive. If they work out some good farmins or deals with a major anything could happen. Hopefully more positives to come from management.
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