You do realise the NPV of one of their single projects doesn't have a direct correlation with the share price? Also, Resource size definitely contributes a lot, but it's definitely not the sole determiner of the MC of a company, this is what people seem to have misinterpreted
Ann: Positive Pre-Feasibility Study Enhances NAL Value, page-379
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Mkt cap ! $349.9M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.3¢ | $1.108M | 32.48M |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 2445230 | 20 |
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